Satoshi\u2019s coin was recovering from a lengthy bearish cycle<\/a><\/strong> suffered back on December. At the time of writing this, the USD\/BTC exchange rate is quoted at $ 14047,90, while its market cap is valued in $ 236 billion, and its dominance over the cryptomarket is calculated in a 33,75% percent.<\/p>\nHowever, this was not the only reason of yesterday\u2019s price drop, for the panic button was pressed among traders as CoinMarketCap excluded data from South Korean exchanges, giving the fact that these were trading virtual currencies at around 30 percent premium. Such decision brought the total cryptomarket cap down by 30 percent, being now 697,682,023,259 $,<\/span><\/span> confusing people and triggering a selloff amid FUD.<\/p>\n","protected":false},"excerpt":{"rendered":"The Bitcoin suffered a significant decline possibly due to banks of South Korea\u2019s biggest banks are facing a series of inspections on their cryptocurrencies‘ exchanges related bank accounts, conducted by local authorities in hopes of finding evidence on money laundering and speculative trading.<\/p>\n","protected":false},"author":3,"featured_media":3529,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,70,74],"tags":[4602,4610,4830],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/3527"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=3527"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/3527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/3529"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=3527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=3527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=3527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}