Bitcoin Drops Below $4,000 as Market Mood Turns Uncertain

in #bitcoin • 7 years ago (edited)

After mounting a modest recovery in the wake of rumored regulatory scrutiny, the price of bitcoin is back below $4,000.

The average price of bitcoin across global exchanges fell below $4,000 at roughly 3:15 UTC today, hitting a low not observed since September 10. The movement followed a period in which the bitcoin price repeatedly tested $4,000, but succeeded in staying above the barrier.

All in all, the move comes during an uncertain time for the cryptocurrency market, which has seen a period of sideways trading following a torrid first half in 2017.

https://www.coindesk.com/bitcoin-drops-4000-market-mood-turns-uncertain/  

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7 years ago in #bitcoin by
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