BITCOIN price has been falling dramatically following the news regulators will have more powers to control digital currencies transactions.
Bitcoin price tanked below $10,000 amid fears of a cryptocurrency crackdown at the hands of the SEC and the CFTC, it has emerged.
Speaking on CNBC News, Bob Pisani explained how the news of a new ruling from New York could change the future of the crypto world.
He said: “Cryptocurrencies have seen more fallouts today for fears of regulations.
“Bitcoin has now fallen 80 percent over the last two day as watchdogs waive in the digital currency space.