Bitcoin price (BTC/USD) hits near two-week low below $10,000
Bitcoin’s drop appears to be part of a larger downswing, observed across the digital currency market. Major altcoins, such as Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), have seen double-digit-percentage losses over the past 24 hours.
Last week, the US president Donald Trump commented on the sector, saying he was ‘not a fan’ of Bitcoin and other digital currencies. He was particularly critical of Facebook’s upcoming cryptocurrency Libra:
“If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations,” Trump said in a tweet.
In today’s trading, the Bitcoin price stood at $10,293.39, as of 09:41 BST. The digital currency has lost 7.7% of its value in the past 24 hours, Coinmmrketcap data shows. The coin’s total market cap currently stands at $183.4 billion, which represents 65.8% of the combined value of all digital currencies.
Featured image: Igor Batrakov / Shutterstock.com
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source: https://theindependentrepublic.com/bitcoin-price-btc-usd-hits-near-two-week-low-below-10000/
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