Things are not looking all that great for the cryptocurrency markets right now. Yesterday’s “fake’ news regarding Chinese regulators looking to ban all exchanges has created a lot of fear among cryptocurrency holders. This has had a negative effect on virtually all currencies in the top 20. The Bitcoin price, for example, dropped by nearly 8% due to this news. Bitcoin Price Drops on China Scare It is not entirely surprising to see the Bitcoin price respond negatively thanks to yesterday’s China’s news. More specifically, there is still some uncertainty regarding what the regulation entails exactly. Some sources claim all
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ipostbtcprice (-2)(1) 7 years ago
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