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Volatility and sideways trading continue to dominate the movements of the digital currency for the fourth day in a row to accept a weekly recording for the third week in a row as sales continue to dominate the digital currency markets.

 

The continued position of the ban by some governments against digital currencies has not led to the recovery of coins. Last week, China announced plans to cancel trading on the digital currency altogether and South Korea showed its intention to further crack down on trades.

 

In fact, earlier this week South Korea banned the use of anonymous bank accounts to trade on digital currencies. It also announced its intention to ban foreigners and minors completely from trading digital currencies.

 

Continuing its tough stance against digital currencies, the government announced earlier this week that it planned to impose a 24.2% tax on digital currency exchange in South Korea, causing pressure to sell on basic digital currencies.

 

Given that South Korea is the world's third-largest currency exchange market, the recent emphasis on the country's digital currency has played a major role in driving digital currency prices down.

 

On the other hand, the intraday price of Litcoin rose to trade at $ 180.11 after opening at $ 178.86 and recorded a high of $ 181.71 and a low of $ 178.73.