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

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Old news suddenly gets picked up on social media, sparking an instant crypto price crash.

 

Old FUD, new BTC price dip — Weeks-old China crypto ‘ban’ sparks $42K Bitcoin price dropMARKET UPDATE

Bitcoin (BTC) suddenly lost $2,000 in an hour on Sept. 24 as what appeared to be old news over a Chinese regulatory ban hit social media.

BTC/USD 1-hour candle chart (Bitstam

 

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