Bitcoin Hits Three-Week Low as Coronavirus Spreads to Europe, US

Bitcoin fell to its three-week low as investors’ concerns about the fast-spreading Coronavirus continued to hurt global market sentiment.
The benchmark cryptocurrency was trading at $9,081 during the early morning trade in Europe, down by up to 2.41 percent. The move downside extended bitcoin’s weekly losses to 8.87 percent, confirming that its medium-term bullish sentiment took a hit from mounting global concerns.
Bitcoin price dips across all the major spot exchanges | Source: Trad