• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Saturday, June 14, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Bitcoin Prices Hit 10-Day Low; The Downfall Begins?

by Chinmay Bidkar
June 15, 2017
in News
Reading Time: 2 mins read
0
Bitcoin prices low
TwitterWhatsappLinkedin

Bitcoin prices low

You might also like

Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

15 June 2017, India:

The world’s most popular cryptocurrency Bitcoin has hit a 10-day low to be at $2473.83 while filing this report.

This figure was down nearly 15% from an all-time high of over $3,000 reached on 11th June, according to CoinDesk Bitcoin Price Index. This marked the lowest total observed on the BPI since 4th June, when average prices across exchanges fell to $2494.29 as per the report by Coindesk.

One of the factors which might contribute to Bitcoin’s recent crash is Congress’ new bill titled “Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017.” As the name suggests, this new bill basically says that cash is evil, crypto is evil, prepaid phones are evil, and gift cards are evil. If this bill comes to pass, expect crypto’s market to suffer significantly as the government would take quite a harsh stance on Bitcoin as per the report by The Merkle.

Investment bank Morgan Stanley sees bitcoin to be dependent on governments’ acceptance to really take off, at a time when the cryptocurrency tripled its value since the turn of the year.

“Bitcoin appreciation seems to have been heavily driven in recent months by increased buying from Korea and Japan,” the report by Morgan Stanley read. “In Japan, the recent legalization of Bitcoin has led to an increase in activity, including the recent opening of new Bitcoin exchanges. In Korea, however, there is not a clear explanation for the surge.”

Check out the latest price here. (Image- time.com)

Also read- 10 Bitcoins Facts That Every Digital Savvy Person Must Know!

Tags: bitcoinBitcoin prices hit all time lowBitcoin prices indiacryptocurrency Bitcoin
Tweet54SendShare15
Previous Post

Apple Appoints Vijay Karunamurthy to Bolster Social and Video Features of iPhone

Next Post

Alibaba Mobile Business Group Hires Damon Xi as Head of UCWeb India, Indonesia

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

by Sneha Singh
June 14, 2025
0
Apple Plans Spring 2026 Release for AI-Powered Siri Upgrade

Apple fans waiting for a smarter, more powerful Siri will have to wait a little longer. The technology giant pushed its highly anticipated AI-fueled virtual assistant update to...

Read more

Android 16 Rolls Out With New Features for Pixel Phones and Beyond

by Anochie Esther
June 14, 2025
0
Android 16

Google has officially launched Android 16, the latest iteration of its mobile operating system. As expected, the update is rolling out first to Pixel devices, with wider availability...

Read more

Nippon Steel Asserts Need for ‘Management Freedom’ in U.S. Steel Takeover

by Anochie Esther
June 14, 2025
0
Nippon Steel

Shares of U.S. Steel dropped by 4% after a Nippon Steel executive told Japan’s Nikkei newspaper that the company's planned $14.9 billion acquisition of U.S. Steel hinges on...

Read more
Next Post
Alibaba Hires Damon Xi

Alibaba Mobile Business Group Hires Damon Xi as Head of UCWeb India, Indonesia

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?