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Bitcoin. All aboard, destination the slaughter house

EURUSD News by Allie Longford on 05:35 January 17, 2018 EST

No mercy with Bitcoin enthusiasts as the crypto currencies get hammered just a month after derivates started to trade at the Chicago Exchange.

Half of its price shed and about to lose the $10,000 with a loss of $4,000 in just a couple of days.

Ethereum, the second largest cryptocurrency by market cap, traded at $1,063.38 after falling around 30 percent earlier.

Other cryptocurrencies fared even worse.

The declines followed comments from South Korean authorities that indicated tougher regulation on digital currency trading was considered.