Bitcoin Holds Steady Near $21K Even as Equities Slide

Bitcoin Holds Steady Near $21K Even as Equities Slide


On Wednesday, Bloomberg reported that Genesis, a CoinDesk sister company, was in confidential negotiations with various creditor groups, with Genesis warning it could seek bankruptcy protection if it fails to raise capital. Bitcoin’s price tumbled as low as $20,370, a roughly 5% drop from the previous day, after the U.S. Department of Justice foreshadowed an announcement that it was charging Hong Kong-based crypto exchange Bitzlato with laundering $700 million.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Daily Truth Report • DailyTruthReport.com
Thanks for sharing!
Send this to a friend