Bitcoin Price Experiences Second Largest 24-Hour Drop of 2019

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Bitcoin price has suffered its second-largest drop in a 24-hour period in 2019. Currently, the price is approximately $9,632 USD per coin, but across the day, its movement has been constant.

The world’s largest cryptocurrency by market value closed yesterday at $9,412.81 on Bitstamp; down 13.25% from its opening price of $10,848. This is the second-largest single-day drop for the coin in 2019. The first was a 13.67% drop that occurred on June 27th.

Bitcoin Price Drop

Speculation for why the drop has occurred is rife. Many are citing the growing calls for regulation …

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