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



Outdated FUD, new BTC worth dip — Weeks-old China crypto ‘ban’ sparks Bitcoin worth drop to $42K

(BTC) instantly misplaced $2,000 in an hour on Sept. 24 as what gave the impression to be outdated information over a Chinese language regulatory ban hit social media.

1-hour candle chart (Bitstamp). Supply: TradingView

Knowledge from Cointelegraph Markets Professional and TradingView tracked BTC/USD because it abruptly fell from $45,000 to close $42,000.

1-hour candle chart (Bitstamp). Supply: TradingView