Bitcoin tanks 11% to fall below $11,000; South Korea announces details on crypto tax [USA TODAY]
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Source: USA TODAY
CLOSE This Billionaire Restaurant Mogul Says He May Start Accepting Bitcoin Time Stacks of physical gold bitcoin lying atop a gray circuit board. (Photo: Getty Images) CONNECT TWEET 7 LINKEDIN COMMENT EMAIL MORE Bitcoin and other major digital currencies dropped sharply Monday morning. Bitcoin briefly tumbled to a low near $10,234 on Coinbase around 11 a.m., ET, marking a loss of about 11% over the last 24 hours. Bitcoin traded near $10,487 as of 11:56 a.m. on Coinbase, the leading U.S. marketplace for buying and selling major digital currencies. Ethereum fell below the psychologically key $1,000 level again and traded about 6.5% lower near $980, according to CoinMarketCap. Ripple, the third-largest digital currency by market capitalization, fell about 12% to $1.22, according to CoinMarketCap. The price decline came as some details emerged on cryptocurrency regulation in
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