Bitcoin erases all of its losses that occurred after Jamie Dimon called it a fraud
Business Insider
Akin Oyedele
Business Insider September 28, 2017
pixabay image
Bitcoin's price has fully recovered from its recent slump after JPMorgan CEO Jamie Dimon called it a fraud and Chinese regulators cracked down on exchanges.
The cryptocurrency had a drawdown of up to 14% in the 10 days after September 12, when Dimon compared it to the tulip bubble of the 1600s and vowed to fire traders who used it.
Also that week, BTCChina, a major exchange, announced that it would stop all trading on September 30, as regulators moved to contain potential financial risks.
Read more: https://finance.yahoo.com/news/bitcoin-erases-losses-occurred-jamie-143000048.html
Bitcoin crossed $ 4200
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