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Topic: Bitcoin Just Had Its Biggest Drop in a Month - page 2. (Read 596 times)

legendary
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I'm not buying that the CFTC had anything to do with it, especially since the BTC price has been rather shaky in the upper USD 5000s in the first place. There might be a lot of reasons behind the latest drop, I doubt that yet another non-committing statement regarding ICOs is one of them.

Apart from that, I love this quote:

Quote
Bitcoin fell as much as 5.9 percent, its biggest loss in almost a month, to as low as $5,247.

I'm not sure whether to I'm more fascinated by the BTC price or by the fact that 6% drops have become newsworthy.
sr. member
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https://www.bloomberg.com/news/articles/2017-10-18/bitcoin-dips-most-in-month-on-oversight-fear-that-s-not-a-lot

Quote
Traders waiting for a pullback in bitcoin’s price to rebuild positions in the world’s largest cryptocurrency may have the U.S. Commodity Futures Trading Commission to thank.
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