Source: rss.wn.com
The price of bitcoin dipped below $4,000 Wednesday despite a decent recovery amidst rumors of stricter regulations, Coindesk reported. At about 3:15 p.m. UTC, the average value of the bitcoin fell to a record low in global exchanges since Sept. 10, the report said.The drop in price occurred during a period of uncertainty for cryptocurrency, considering the difficulty faced by the market for the first half of 2017, said the report. While the bitcoin price rising 1.7 percent in the past month, the cryptocurrency market as a whole has seen a 3.4 percent improvement, the report said. This was still a decline of more than 17 percent from its record high. Rumors of Chinese involvement with...

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