Crpytocurrency falls again

The world’s biggest virtual currency Bitcoin fell 4.7% on the last day of the month, biggest decline since Dec. 2013, ending January with around 25% decline amid growing fears over regulatory scrutiny.

Bitcoin was trading at $10,000 by 10:30 PM ET, Etherum at $1,107 on the Bitfinex exchange, while Ripple XRP token was trading at $1.11 on the Poloniex exchange.

Regulatory scrutiny including subpoenas sent to Bitfinex and Tether, clamping down on cryptocurrency in South Korea and China, and tightening regulations in Japan amid $534M theft in cryptocurrency.

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