Twitter Planned Ban on Ads Results in Another Sharp Bitcoin Price Decline

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19 March, 2018

Twitter Planned Ban on Ads Results in Another Sharp Bitcoin Price Decline

Reports that Twitter will follow in the footsteps of Facebook and cease allowing advertisements for cryptocurrencies may have resulted in yet another plunge in the price of Bitcoin Sunday.

The annonymous digital currency fell below $7400 for the first time in over a month.

Bitcoin had risen to over $8600 just prior to 11 am EST Monday morning.

The Financial Stability Board (FSB), an entity that coordinates financial regulation for the G20 economies, rejection for stricter regulation of cryptocurrencies, may have helped to boost prices.

Bitcoin Cash was up more than 13% from yesterday to $978 after falling to $846 Sunday.

- Aaron Goldstein, Gambling911.com

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