Move SL @ 9500$.
he price of digital currency bitcoin and other major cryptocurrencies fell sharply on Tuesday as South Korea’s government intensified measures to crack down on digital currency trading.
Bitcoin was trading at $10,449 by 04:52 AM ET (09:52 AM GMT) on the Bitfinex exchange, after falling as low as $10,141 earlier.
Ethereum, the world’s second largest cryptocurrency by market cap, was last at $958 on the Bitfinex exchange, after falling through the psychologically important $1,000 level.
Meanwhile, Ripple's XRP token was trading at $1.25 on the Poloniex exchange, a drop of around 9%.
Cryptocurrencies came under renewed selling pressure after regulators in South Korea said the government will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30.
Last month, the government banned the opening of new virtual accounts for cryptocurrency investors and required virtual currency traders to change their virtual accounts to real-name ones.