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Bitcoin skids below $6,000, hits lowest level since November via @reuters

As reported by Reuters, “Bitcoin’s value slid to its lowest level since November on Friday, as waning investor interest and recent negative headlines from global regulators weakened demand for the cryptocurrency and most of its rivals. “Virtual currencies, including the best-known and biggest, bitcoin, have been stuck in a downward trend for most of 2018 […]

By Chris Sykora · June 29, 2018
Bitcoin skids below $6,000, hits lowest level since November via @reuters

As reported by Reuters, “Bitcoin’s value slid to its lowest level since November on Friday, as waning investor interest and recent negative headlines from global regulators weakened demand for the cryptocurrency and most of its rivals.

“Virtual currencies, including the best-known and biggest, bitcoin, have been stuck in a downward trend for most of 2018 after last year’s frenzied interest fizzled.

“Recent hacks and the “cyber intrusion” of cryptocurrency exchanges in key Asian markets has also encouraged investors to exit…”