Bitcoin is returning to $12,000/Bitcoin

Bitcoin

The director of the Korea Financial Supervision Bureau said on Tuesday that the Korean government will support the digital currency investors if they are conducting “normal transactions“. Bitcoin has since expanded. Coinmarketcap, which tracks a variety of digital currency transactions and market capitals, said Bitcoin transaction prices have risen above $11950 as of 6:35 GMT.

Rose 6.8% in the last 24 hours, almost twice as low as around 6,000 U.S. dollars two weeks ago. Among the top ten high-market digital currencies, all have a 24-hour losing streak except bitcoin and Litecoin.