{"id":45216,"date":"2018-01-16T12:00:08","date_gmt":"2018-01-16T17:00:08","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=45216"},"modified":"2018-01-16T12:00:08","modified_gmt":"2018-01-16T17:00:08","slug":"bitcoin-falls-global-regulatory-concerns","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/","title":{"rendered":"Bitcoin Falls On Global Regulatory Concerns"},"content":{"rendered":"<p>Hello traders everywhere. The January <strong>Bitcoin <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_BRTI\/?mktcode=tradersblogsymbols\" target=\"_blank\">(CME:BRTI)<\/a><\/strong> selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading as the prospect of global regulatory crackdowns appeared to spread.<\/p>\n<p>A South Korean news website Yonhap reported that Finance Minister Kim Dong-yeon had told a local radio station that the government would be coming up with a set of measures to clamp down on the \"irrational\" cryptocurrency investment craze.<\/p>\n<p>South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized, as government agencies were still in talks to decide how to regulate the market.<\/p>\n<p><a href=\"http:\/\/club.ino.com\/join\/videos\/latest\/?vidid=club-mc_update_20180116&mkt=freetrial-blog1pm0116\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/9291.jpg\" alt=\"MarketClub's Mid-day Market Report\" width=\"638\" height=\"354\" \/><\/a> <\/p>\n<p>That news broke just as a report surfaced that a senior Chinese central banker had said authorities should ban centralized trading of virtual currencies and prohibit individuals and businesses from providing related services.<\/p>\n<p>China shut down exchanges operating on the mainland last year - a move that also sparked a selloff. <\/p>\n<p>The January selloff has seen <strong>Bitcoin <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_BRTI\/?mktcode=tradersblogsymbols\" target=\"_blank\">(CME:BRTI)<\/a><\/strong> fall 42% from it's December 2017 high of 19,528.87. <\/p>\n<p>Key levels to watch next week:<!--more--><br \/>\n<strong>S&P 500 <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_SP500\/?mktcode=tradersblogsymbols\" target=\"_blank\">(CME:SP500)<\/a><\/strong>: 2,673.61<br \/>\n<strong>Dow <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/INDEX_DJI\/?mktcode=tradersblogsymbols\" target=\"_blank\">(INDEX:DJI)<\/a><\/strong>: 24,708.42<br \/>\n<strong>NASDAQ <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NASDAQ_COMP\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NASDAQ:COMP)<\/a><\/strong>: 6,907.01<br \/>\n<strong>Gold <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_GC.G18.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYMEX:GC.G18.E)<\/a><\/strong>: 1,332.10<br \/>\n<strong>Crude Oil <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_CL.F18.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYMEX:CL.F18.E)<\/a><\/strong>: 63.77<br \/>\n<strong>U.S. Dollar <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYBOT_DX.H18.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYBOT:DX.H18.E)<\/a><\/strong>: 92.96<br \/>\n<strong>Bitcoin <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_BRTI\/?mktcode=tradersblogsymbols\" target=\"_blank\">(CME:BRTI)<\/a><\/strong>: 17,090.52<\/p>\n<p>Every Success,<br \/>\nJeremy Lutz<br \/>\n<a href=\"http:\/\/www.ino.com\/\" target=\"_blank\">INO.com <\/a>and <a href=\"http:\/\/club.ino.com\/members\/?mktcode=blogjl\" target=\"_blank\">MarketClub.com <\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello traders everywhere. The January Bitcoin (CME:BRTI) selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading as the prospect of global regulatory crackdowns appeared to spread. A South Korean news website Yonhap reported that Finance Minister Kim Dong-yeon had told a local radio station that the government would [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[9163,9201,6249,9202,6320,6319,9203],"class_list":["post-45216","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-bitcoin-cmebrti","tag-crude-oil-nymexcl-f18-e","tag-dow-indexdji","tag-gold-nymexgc-g18-e","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500","tag-u-s-dollar-nybotdx-h18-e"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Falls On Global Regulatory Concerns - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"description\" content=\"The January Bitcoin (BRTI) selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Falls On Global Regulatory Concerns - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"The January Bitcoin (BRTI) selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-16T17:00:08+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Bitcoin Falls On Global Regulatory Concerns\",\"datePublished\":\"2018-01-16T17:00:08+00:00\",\"dateModified\":\"2018-01-16T17:00:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/\"},\"wordCount\":221,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"Bitcoin (CME:BRTI)\",\"Crude Oil (NYMEX:CL.F18.E)\",\"DOW (INDEX:DJI)\",\"Gold (NYMEX:GC.G18.E)\",\"NASDAQ (NASDAQ:COMP)\",\"S&amp;P 500 (CME:SP500)\",\"U.S. Dollar (NYBOT:DX.H18.E)\"],\"articleSection\":[\"Trading Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/\",\"url\":\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/\",\"name\":\"Bitcoin Falls On Global Regulatory Concerns - INO.com Trader&#039;s Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#website\"},\"datePublished\":\"2018-01-16T17:00:08+00:00\",\"dateModified\":\"2018-01-16T17:00:08+00:00\",\"description\":\"The January Bitcoin (BRTI) selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ino.com\/blog\/#website\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"name\":\"INO.com Trader&#039;s Blog\",\"description\":\"Expert Charts, Trading Tips and Technical Analysis from INO.com\",\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ino.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\",\"name\":\"INO.com Trader&#039;s Blog\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"contentUrl\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"width\":400,\"height\":472,\"caption\":\"INO.com Trader&#039;s Blog\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/inocom\/\",\"https:\/\/www.linkedin.com\/company-beta\/1056449\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\",\"name\":\"The INO.com Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"caption\":\"The INO.com Team\"},\"url\":\"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin Falls On Global Regulatory Concerns - INO.com Trader&#039;s Blog","description":"The January Bitcoin (BRTI) selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Falls On Global Regulatory Concerns - INO.com Trader&#039;s Blog","og_description":"The January Bitcoin (BRTI) selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading.","og_url":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/","og_site_name":"INO.com Trader&#039;s Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2018-01-16T17:00:08+00:00","author":"The INO.com Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The INO.com Team","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/#article","isPartOf":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/"},"author":{"name":"The INO.com Team","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280"},"headline":"Bitcoin Falls On Global Regulatory Concerns","datePublished":"2018-01-16T17:00:08+00:00","dateModified":"2018-01-16T17:00:08+00:00","mainEntityOfPage":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/"},"wordCount":221,"commentCount":2,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"keywords":["Bitcoin (CME:BRTI)","Crude Oil (NYMEX:CL.F18.E)","DOW (INDEX:DJI)","Gold (NYMEX:GC.G18.E)","NASDAQ (NASDAQ:COMP)","S&amp;P 500 (CME:SP500)","U.S. Dollar (NYBOT:DX.H18.E)"],"articleSection":["Trading Videos"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/","url":"https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/","name":"Bitcoin Falls On Global Regulatory Concerns - INO.com Trader&#039;s Blog","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/#website"},"datePublished":"2018-01-16T17:00:08+00:00","dateModified":"2018-01-16T17:00:08+00:00","description":"The January Bitcoin (BRTI) selloff gained momentum on Tuesday when the cryptocurrency dropped as much as 13% in early trading.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wwwtest.ino.com\/blog\/2018\/01\/bitcoin-falls-global-regulatory-concerns\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ino.com\/blog\/#website","url":"https:\/\/www.ino.com\/blog\/","name":"INO.com Trader&#039;s Blog","description":"Expert Charts, Trading Tips and Technical Analysis from INO.com","publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ino.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ino.com\/blog\/#organization","name":"INO.com Trader&#039;s Blog","url":"https:\/\/www.ino.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","contentUrl":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","width":400,"height":472,"caption":"INO.com Trader&#039;s Blog"},"image":{"@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inocom\/","https:\/\/www.linkedin.com\/company-beta\/1056449\/"]},{"@type":"Person","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280","name":"The INO.com Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","caption":"The INO.com Team"},"url":"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/"}]}},"_links":{"self":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/45216"}],"collection":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/comments?post=45216"}],"version-history":[{"count":0,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/45216\/revisions"}],"wp:attachment":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media?parent=45216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/categories?post=45216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/tags?post=45216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}