Newsflash: Bitcoin Price Drops to $4,950 as Bears Pummel the Market

Newsflash: Bitcoin Price Drops to $4,950 as Bears Pummel the Market

The bitcoin price crossed another psychologically-significant milestone on Monday, but, unlike the last time it hit this mark, the bulls are no longer cheering. Earlier today, at approximately 16:30 UTC, the bitcoin price fell below $5,000 for the first time in 2018. On Coinbase, BTC/USD fell to $4,950 before bouncing back above the $5,000 threshold,

The post Newsflash: Bitcoin Price Drops to $4,950 as Bears Pummel the Market appeared first on CCN

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