Bitcoin (BTC) reclaimed the $8,000 mark very briefly on Tuesday after a dramatic fall to a two-month low on Monday. At the time of writing, BTC is at $8,032, having climbed 4.10% over the last 24 hours.
The top cryptocurrency by market value dropped by nearly 10% from $8,900 to $8,000 on Sunday, marking its biggest daily fall since September 2019. On Monday, BTC extended the losses to reach a two-month low of $7,625.
According to some analysts, scammers associated with China-based PlusToken, a Ponzi scheme that drew significant funds from investors, were possibly unloading thei...
This article appeared first on Cryptovest