Bitcoin Watch – Bitcoin’s downward spiral continues

Bitcoin continued its downward spiral overnight dropping a further USD900, which equates to another 10%. Cryptocurrency experts are having difficulty attributing the drop to any specific events but rather believe it is a continuation of the issues faced by popular exchange, Binance (see related report: Bitcoin Watch – Cryptocurrencies crashes due to fear of system errors), as well as the warning from the U.S. Securities and Exchange Commission on exchange compliance. Some exchanges are reporting Bitcoin price fell below USD9000 before recovering slightly to sit above the USD9000 mark.

Stay updated here with how the cryptocurrency is tracking: