NEWSBTC: Bitcoin Falls To $7,200, South Korea's Bithumb Bans 11 Countries - May 28th Cryptocurrency News
Bitcoin has been on a downward trend since May 5th when we saw it climb towards $10,000. At the moment, Bitcoin remains over $7,000 so will it be able to bounce back or will we see it head under this level? This time last year Bitcoin was only around $2,200. The total cryptocurrency marketcap has also been on a downward trend since May 5th but right now it still remains over $300 billion.
Now let's see what else is happening in the crypto world. On Sunday South Korea’s largest cryptocurrency exchange Bithumb announced it will no longer accept users from 11 countries. These include Iran, Ethiopia, Iraq, Serbia, Sri Lanka, Trinidad and Tobago, Tunisia, Vanuatu, Yemen, and Syria.
And according to a sky news report, a hospital in the Scottish borders is planning to start a special residential treatment course for "crypto addicts".
Please remember this is news, not investment advice.
Sources: https://news.sky.com/story/treatment-centre-for-cryptocurrency-addicts-opens-in-the-scottish-borders-11387974
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