Bitcoin Faces Bear Move as Price Drops Toward $15K

Bitcoin Faces Bear Move as Price Drops Toward $15K

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Source: Coindesk.com

Bitcoin is looking weak today after prices failed to hold above $17,000 levels at the weekend.

Coindesk's Bitcoin Price Index (BPI) fell to a low of $15,253 earlier today and was last seen trading at $15,345 levels. According to data source OnChainFX, bitcoin (BTC) has depreciated by 8.86 percent in the last 24 hours.

Notably, fears of a China crackdown on bitcoin mining may have weakened the bid tone around

Read More https://www.coindesk.com/bitcoin-faces-bearish-move-as-prices-drop-towards-15k/

The post "Bitcoin Faces Bear Move as Price Drops Toward $15K" appeared first here Coindesk.com.

Source: Coindesk.com

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