Bitcoin (BTC) Cracking As Government Drums For Regulation

Bitcoin (BTC) is down 14.8 percent
Steven Mnuchin is calling for cryptocurrency oversight and complianceEventual regulation of cryptocurrencies in the US, following Steven Mnuchin presser, could have far-reaching consequences on Bitcoin and cryptocurrencies. In the meantime, BTC is on edge and may slide to $9,500.
Bitcoin Price Analysis
Fundamentals
From launch, Bitcoin is considered a threat to the status quo. However, scrutiny was amplified following the parabolic rise of digital asset prices