The prospect of a ban on cryptocurrency trading by South Korea, among the largest venues for cryptocurrency trading, was playing on the minds of traders and investors this morning as the price of bitcoin and other cryptocurrencies slid further. At 04:20 UTC, the price of a single bitcoin crashed to $12,884.91, down by 12% from 24 hours ago. That price also represented a fall of 34.5% from bitcoin’s high approximately a month ago. !