Bitcoin Drops Again Amid Uncertainty

[sabrina8089]

Bitcoin finally dropped under $4000 after hitting a high of $5000 in August.  It is currently trading at $3875 amid more bad news.  The lack of certainty about the Chinese banning exchanges has led to more traders dumping their coins for fiat.  Also, there has been some bankers who criticized bitcoin as having no value which led to a more negative view of bitcoin from the general public.

Read more here:
https://www.coinstaker.com/bitcoin-drops-amid-uncertainty/

[riskthebiscuit]

If by bankers you mean JP , we all know what happened there. They publicly called bitcoin a fraud, and then on the Stockholm exchange picked up loads of

bitcoin. Yeah that was sneaky...not  . So I think the FUD coming from the bankers side is fear based. They are definitely threatened by bitcoin now