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Bitcoin Climbs Back To $10,000 After Yesterday's 10% Plunge


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Bitcoin climbed back above $10,000 after a slew of bad news caused it to plummet over 10% yesterday. The SEC issued a statement requiring exchanges to be registered causing the market jitters. Also, it was revealed the trustee of no defunct Mt Gox had dumped off around $400 milllion worth of bitcoin and bitcoin cash. Then adding fuel to the fire there were reports of unauthorized sells on the Binance cryptocurrency exchange and also technical issues at the bitcoin derivatives exchange Bitmex. After dropping to around $9,500 bitcoin has now rallied back to $10,000.

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