Bitcoin price: THIS is what is dragging DOWN cryptocurrency price this week
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.