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The price of the digital currency Ethereum  lost more than 23% in spot transactions on Friday, continuing losses for the second day in a row, dropping below $ 1000 barrier per unit recorded at a two-week low, with sharp declines in most encrypted digital currency prices. Authorities around the world including India, South Korea, China, Japan and the United States of America.

On the Stock Exchange at 1240 GMT, the digital currency is trading around $ 785, down $ 235, or 23.1%, at $ 1020 opening at $ 1020 and a low of $ 781 since January 17. .

Ethereum prices yesterday lost 8.1%, the third loss in the past four days, as sales continued in the digital currency market after comments by Indian Finance Minister.

Over $ 100 billion of the world's encrypted digital currency market has been wiped out over the last 24 hours, as concerns about tight foreign exchange action have escalated, as well as concerns about price manipulation in the absence of regulatory and transparency regimes.

Indian Finance Minister Arun Gaitley said the government does not recognize encrypted currency exchange and will take all measures to eliminate the use of these currencies to finance or even use illicit activities as part of the payment system.

In Japan, the Financial Services Agency (FSA) raided the offices of Swenshik, a week after the country's largest currency exchange center was hit by a hacker, with losses of about half a billion dollars.

During the raid, the Financial Services Agency seized several files and computers as evidence of a hacker operation, Japanese Finance Minister Taro Aso said.

In the United States, a growing number of digital currency investors have expressed concern over the price of the digital currency and other digital currencies on the PeteFlex platform, and investors have accused the platformers of manipulating prices.