News Snapshot:
Bitcoin ( BTC ) dipped deeper to challenge $40,000 support during Sept. 24 as the dust settled on what analysts stressed was a false alarm from China. A classic bull run formula? Data from Cointelegraph Markets Pro and TradingView showed new multi-day lows of $40,690 for BTC/USD on Bitstamp, down 8% on the day. Hodlers had been frustrated but remained unfazed by the news that China had allegedly upped its cryptocurrency “ban,” this in fact simply being a reiteration of the People’s Bank of China’s existing restrictions in place for four years. The events have a ring to them —...
