Bitcoin Falters on Libra Comments
July 16, 2019 at 10:40 AM EDT
With U.S. governmental hearings on Facebook’s ( FB ) Libra cryptocurrency on July 16 and 17, Bitcoin has come under pressure recently, dropping below $10,000 and testing the 50-day moving average, which is perceived to be the dividing line between a security or stock that is technically healthy and one that is not, for the first time since February 18.