19 days ago • Posted by Charles-Henry Monchau

Crypto crash overnight! Bitcoin fell as much as 15% during Asian trading hours to $52k. This is the largest pullback in 7 weeks

The crash happened a few days after bitcoin (BTC) hit new all time high. Several online reports attributed the plunge to speculation US Treasury may crack down on money laundering that’s carried out through digital assets. Other altcoins plunged as well. Source: Bloomberg, Holger Z

Bitcoin (BTC) overnight