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Bitcoin (BTC) has dropped below $10K: main reasons

Bitcoin (BTC) has dropped below $10K: main reasons
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Hello, Benchers! 

Bitcoin (BTC) price drops below $10K at the end of Tuesday, and it looks like there were two main reasons for that. 

Firstly, U.S. Senate hearing regarding Facebook's Libra digital currency drew widespread interest. Previously, the initial Libra project announcement pushed Bitcoin price higher, the negativity surrounding it is now bringing it down. 

Secondly, it may be caused by the change in sentiment around the crypto market following the remarks of US President Trump and Secretary Mnuchin. 

Despite the uncertainty of the market we are supporting the efforts of the ongoing projects by holding affordable prices on all marketing capacities. 

Get in contact to obtain your personal offer.

Best regards,

ICObench Team

17 Jul 2019 bitcoinbtc
The views and opinions expressed in blogs are those of the authors and are not the official policy or position of ICObench. Any content provided by our bloggers or experts is of their opinion and they are fully responsible for it. ICObench is not legally responsible for the blog's content.

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