The most popular cryptocurrencies are getting cheaper on Friday, and according to the StormGain cryptocurrency trading platform, losing up to 3%. Such dynamics are observed after the information that the South Korean authorities are going to tax operations with digital assets.
At the same time, the news that one of the largest US crypto exchanges Kraken is going to start working in Australia was able to mitigate the situation somewhat.
Despite the controversial news flow, the most popular cryptocurrencies are likely to continue to show negative dynamics in the near future. In this scenario, Bitcoin could soon fall in price down to $9,100, Bitcoin Cash to $227, Ethereum to $225, XRP to $0.18, and Litecoin to $41.