After mounting a modest recovery in the wake of rumored regulatory scrutiny, the price of bitcoin is back below $4,000.
The average price of bitcoin across global exchanges fell below $4,000 at roughly 3:15 UTC today, hitting a low not observed since September 10. The movement followed a period in which the bitcoin price repeatedly tested $4,000, but succeeded in staying above the barrier.
All in all, the move comes during an uncertain time for the cryptocurrency market, which has seen a period of sideways trading following a torrid first half in 2017.
https://www.coindesk.com/bitcoin-drops-4000-market-mood-turns-uncertain/
via Blockfolio: goo.gl/p95yia