Bitcoin Declines To $31,000

  • On Thursday, the price of Bitcoin declined to $31,534 after reaching the all-time high price of $42,000 on January 8, 2021.

  • According to the traders, the fall in price occurred after the Head of the US treasury Janet Ellen expressed her concerns that cryptocurrencies could be used to finance illegal activities.

  • "I think many are used, at least in a transactions sense, mainly for illicit financing, and I think we really need to examine ways in which we can curtail their use and make sure that money laundering does not occur through these channels," she said.


Subscribe to us

Thanks for submitting!

  • Instagram
  • Twitter
  • LinkedIn
  • Facebook




the breif bulletin logo