Cryptocurrencies Are Selling Off Bloomberg at Breaking News

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Cryptocurrencies Are Selling Off Bloomberg, January 12, 2018, 9:09 pm pst. Bank indonesia is taking a firm stance against cryptocurrencies as it urges all parties to refrain from owning, selling or trading the tokens. Cryptocurrencies gained a lot of attention when protesters in big rigs blockaded access to parliament hill for several weeks beginning in january.

After selloff, is now the time to buy crypto? UBS Global
After selloff, is now the time to buy crypto? UBS Global from www.ubs.com

Su keenan reports on bloomberg. Bitcoin’s extreme volatility carried into the weekend. Bitcoin, the largest cryptocurrency, tumbled as much as 9.8 percent and was trading at $6,480, down 6.8 percent, as of 10 a.m.

After selloff, is now the time to buy crypto? UBS Global from Nice Breaking News

Bitcoin slumped, dragging down smaller rivals such as ether and litecoin, as concerns that regulators will tighten their grip on the market weigh on. Why cryptocurrencies are selling off. Bitcoin, the largest cryptocurrency, tumbled as much as 9.8 percent and was trading at $6,480, down 6.8 percent, as of 10 a.m. Get unlimited digital access on bloomberg.com or the bloomberg app. Many cryptocurrency markets operate 24/7, which allows for price swings at unpredictable hours, and it is the one of the few markets open on weekends to trade in, bloomberg reports.