Bitcoin News - Bitcoin falls 12%. Australian banks freeze accounts tied to crypto

Bitcoin opened at $14,427 today but has slid to $12,632 after a series of quick declines.

The drop leaves the crypto currency up 'just' 27% on the month after rising by more than 100% at one point.. A close here would be the lowest since Dec 6 and the chart is beginning to look like a head and shoulders top. If so, it would target something around $4000.

The drop is coming as Ripple diverges. It surged nearly 50% yesterday and the CEO of the cryptocurrency took a dig at Bitcoin. It's up another...

From: Bitcoin News

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