LONDON: Bitcoin slid another 13% to below $6,000 on Tuesday, bringing the world’s best-known cryptocurrency’s losses to more than half since the start of 2018.
Bitcoin has fallen heavily in recent sessions as worries about a regulatory clampdown on the nascent market and panicked investors push prices lower. The virtual currency hit a peak of almost $20,000 in December.
British bank Lloyds Banking said on Sunday it was banning customers from using credit cards to buy bitcoin. It joined US banking giants JPMorgan Chase & Co and Citigroup, which announced similar bans on concerns the lenders could be held liable when the volatile currencies plunge in value.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Its on the rebound now. You think it will go down power than 6000 again?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yep is it down again ⚠⚠
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit