The crash of the ripple continues, the crypto currency is already at 1.60 (1)

The collapse of the ripple - the most dinamically rising crypto currency in the past year, which added more than 200 times to its value - continues with full force.
The digital currency lost more than 15% of its value and is already traded at 1.55 dollars. For comparison, just a week ago, the ripple was traded at levels of more than 3 dollars per coin.
Serious correction is also observed for other crypto currencies, with the exception of this trend being ethereum and bitcoin cash.
The cost of the bitcoin lost 14% of its value on Monday, with more than 10% losing today.
A drop in the last day marked all 16 crypto currencies. Ethereum recorded a 12% drop before recovering some of its losses.
One of the reasons for the massive sales of crypto currencies is the planned regulation of digital currencies in South Korea.