RATE Group | SEC Hires, Exchange Rumors, & Bitcoin Price Woes: This Week in Crypto
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SEC Hires, Exchange Rumors, & Bitcoin Price Woes: This Week in Crypto

10 Sep SEC Hires, Exchange Rumors, & Bitcoin Price Woes: This Week in Crypto

Posted at 05:31h in Bitcoin News by

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bitcoin news cryptocurrency this week in crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts.

Price Watch:

  • Bitcoin is down 11% this week – The priced surged to $7,200 early on Sunday and increased to $7,300, then $7,400, even as other cryptocurrencies fell precipitously. The price then fell from $7,400 to $6,950 in less than 30 minutes on Wednesday marking a 2% price drop. The price then quickly dropped to $6,400 as the bulls panicked and has stabilized at $6,400.
  • Ethereum is down 31% this week, putting it at a 12-month low. Ethereum suffered some hard losses even as Bitcoin was rising early this week. The coin then dropped with Bitcoin and is now sitting just below the $200 support level. Many are still blaming these drops on ICO sell offs. Vitalik has said that the days of…

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