Market Watch: Bitcoin Drops $3,000 as Binance Restricts Access of Chinese Users


Source: elevenews.com elevenews.com

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Bitcoin failed at $58,000 and dropped by more than $3K in a day, as Binance Coin spiked 15% to its highest price line since September 7th. Following several consecutive days of price gains, bitcoin dropped by more than $3,000 today amid more negative news in relation to China. Interestingly, the situation is somewhat different among some altcoins – Binance Coin has surged by 15% in a day to a new multi-week high above $460. Bitcoin Dumps $3K in a Day The landscape around bitcoin’s price seemed highly bullish in the past week or so. The asset jumped over $50,000 for...