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Jan 11, 2018 09:50 AM IST | Source: Reuters

Bitcoin skids on news South Korea prepares to ban cryptocurrency trade

Bitcoin was down more than 10 percent on the Bitstamp exchange at $13,350 on the newss, after earlier dropping as low as $13,120, its weakest since January 2.

Photo illustration of Bitcoins
Photo illustration of Bitcoins

Bitcoin skidded on Thursday, after South Korea's justice minister said a bill to ban cryptocurrency trade was being prepared.

Bitcoin was down more than 10 percent on the Bitstamp exchange at $13,350 on the newss, after earlier dropping as low as $13,120, its weakest since January 2.
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