Bitcoin Dips Below $7k Amidst News of China’s Full Ban of Cryptocurrency Exchanges

in #crypto6 years ago

Bitcoin Dips Below $7k Amidst News of China’s Full Ban of Cryptocurrency Exchanges725_Ly9jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iYWM5Y2EzZTFjZWE2OWM3YTJhYWFkY2E1N2JlMjdjYi5qcGc=.jpg

Bitcoin (BTC) hit a new multi-month low on Monday, Feb. 5, dropping below $7,000 for the first time since the middle of November 2017.

According to Cointelegraph’s price index, BTC reached as low as $ 6,661.51 on Monday, losing at least 11 percent of value in the 24 hours to press time, and about 60 percent over the last 30 days.

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