Bitcoin price LIVE: Bitcoin continues to fall as Federal judges in NY plot regulation
Bitcoin took another hit yesterday after the price plunged from $11,926 to $10,925 in just a few hours yesterday evening.
Bitcoin is currently priced at $10,960 with ethereum doing well at $1,166 and ripple $1.24.
New regulatory noise emerging from New York will concern wallet holders with Fortune reporting that Federal judges in Brooklyn, New York, are about to rule on the question of what exactly bitcoin is and whether it can be regulated.
The main question for the judges is whether or not digital currencies are securities that can be regulated like stocks or bonds.
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