Price of bitcoin drops amid cryptocurrencies worst month in nearly 10 years – NEWS.com.au

The price of bitcoin has dropped again amid cryptocurrencies worst month in nearly a decade, sparked by a series of bad news stories which sent it on a spiral. Bitcoin’s current value is sitting at $US36,459 ($47,279), a rather staggering drop from its all-time high of $US65,000 ($84,291) in April. At one point last week bitcoin almost fell below $US30,000 for the first time since January before rebounding slightly in recent days.
The uncertainty has been fuelled by China’s warning of a crackdown…

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