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.
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Best regards,
ICObench Team