Previous FUD, new BTC value dip — Weeks-old China crypto ‘ban’ sparks Bitcoin value drop to $42K By Cointelegraph

[ad_1]


Previous FUD, new BTC value dip — Weeks-old China crypto ‘ban’ sparks Bitcoin value drop to $42K

(BTC) instantly misplaced $2,000 in an hour on Sept. 24 as what gave the impression to be previous information over a Chinese language regulatory ban hit social media.

1-hour candle chart (Bitstamp). Supply: TradingView

Information from Cointelegraph Markets Professional and TradingView tracked BTC/USD because it abruptly fell from $45,000 to close $42,000.

1-hour candle chart (Bitstamp). Supply: TradingView