Bitcoin Crashes

bitcoin price april 18 2021

Bitcoin has plunged, down to $51,000 at one point after falling from $65,000 to $60,000 with it somewhat recovering to $54,500 as of writing. Making this the biggest crash in bitcoin’s history by sum, but not by percentage, as we have just witnessed the first $10,000 red hourly candle. The crash began at around 3AM UTC, with some attributing it to some fake news tweet that contains false information: The above seems to be based on a Treasury Department announcement of sanctions on some Russian hackers due to election interference. It says: “As part of today’s listing of SES on OFAC’s Specially Designated Nationals and Blocked Persons List (SDN List), OFAC is also identifying digital currency addresses used by SES to fulfill customer orders in order to help assist financial institutions, and their third-party identity verification services, in identifying customers on their platforms who have purchased fraudulent identity documents. Known…

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