Steem it price down 7% after south korea ico ban but slowly Recovers

Steem it is currently down 7 percent, Steem Dollars is down 2 percent, zCash (which is quite popular in Korea) is down 11.2 percent, etc. But if you go on Korean exchanges, the crash is even more important. For instance, Ethereum was down 13.4 percent .  As always, but market slow recovers as japan legalize bitcoin. There’s only a single report about this decision. Chinese investors could be trying to exit cryptocurrency markets as quickly as possible because they risk being locked into cryptocurrencies. in other hand japan is replacing china as hub of crypto market after giving licenses to exchanges and market climbs up since that report and steemit follows the trend.