Bitcoin fell below $58,000 on Thursday, reaching its lowest level since May.The decline puts bitcoin below its 200-day moving average, which could signal a downturn, FXPro’s Alex Kuptsikevich said.Investors are unloading the token as fear mounts of selling pressure from Mt. Gox.
Thanks for signing up!
Access your favorite topics in a personalized feed while you’re on the go.
download the app
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email.
Bitcoin hit a two-month low on Thursday, as the world’s biggest cryptocurrency slid past $58,000 for the first time since May.
The apex token tumbled 3.5% through the day, at one point reaching as low as $56,882. The fallout extends a three-day drop, as worries mount over impending…
..
