13-02-2017 16:00 via feedproxy.google.com

Bitcoin dives below $1,000

Bitcoin is back below $1,000. Overnight selling has pushed the cryptocurrency down 1.10%, or $11, to $989 a coin, and below the psychologically important level for the first time since February 3 as sellers remain in control following the decision by some of China's largest exchanges to block withdrawals.
Last Thursday, following a meeting with the People's Bank of China, Huobi and OK Coin announced customers would be blocked from withdrawing their bitcoins. 
The announcement come
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