OANDA Senior Market Analyst, Jeffrey Halley is talking about cryptocurrencies today, an area so topical he has chosen to remove his tieto “fit in.” Virtual currencies have taken a literal bath in Asia today after the People’s Bank of China fired a virtual shot across their decentralised bows. We look at the price action across the space and Jeff gives his thoughts as to what the real threat to the cryptocurrency space is right now. One man’s loss is another’s gain, and we finish by looking at gold and whether its rally will continue, possibly at Bitcoin’s expense.