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edgetrader
2021-09-22

Buy or sell?

Bitcoin Drops Below $40,000 as Regulatory Drumbeat Grows

(Bloomberg) -- Bitcoin fell for a third day, dropping briefly below $40,000 for the first time since

Bitcoin Drops Below $40,000 as Regulatory Drumbeat Grows

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Khoo12
·2021-09-22
[Duh]
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Rivals including Ether and Litecoin also slumped.</p>\n<p>In a Tuesday discussion on cryptocurrencies, U.S. Securities and Exchange Commission Chair Gary Gensler said past instances of banks and other firms offering private forms of money have failed.</p>\n<p>In a webcast hosted by the Washington Post, Gensler reiterated that U.S. securities rules give his agency great authority over digital tokens. 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