Bitcoin had a sharp drop today, falling from $14,800 to as low as $12,800 before recovering somewhat. We are currently quoted around the $13,900 handle. News that South Korea may ban crypto-currency trading in the country send almost all coins in the red today. Some recovered better then others.
Ether Uptrend Remains
Despite some losses overnight, the rally in ETH/BTC continues. We are currently quoted at 0.08456 BTC, down from 0.0965 BTC yesterday. Strong Ether gains are underpinning this rally, with the ETH/USD counterpart trading at $1201 at the moment.
Read more: https://blog.fxopen.com/crypto-market-sees-declines/