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Bitcoin Drops Below $7500 As Twitter Ban Takes Toll On Markets

From cointelegraph.com

Bitcoin fell below $7500 March 29 as new downward pressure forces prices back to almost their lowest levels since November 2017. Continuing a depressing week for traders since Twitter confirmed it would ban cryptocurrency advertisements March 26, BTC/USD fell to $7450 on Cointelegraph’s Price Index. Major altcoins followed, Ethereum (ETH) hitting $409 at press time to extend monthly losses of over 50%. Twitter’s move made it the third tech giant to outlaw cryptocurrency advertising in 2018, following Facebook and Google respectively. The knock-on effect on Bitcoin and altcoin prices has been tangible, with BTC/USD at ... (full story)

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  • Category: Fundamental Analysis