23-10-2019 18:43 via news.yahoo.com

Bitcoin plunges to five-month low vs dollar after Zuckerberg testimony

Bitcoin's price dropped on Wednesday to its lowest level against the dollar since the middle of May after Facebook Chief Executive Officer Mark Zuckerbeg, in testimony before Congress, expressed doubts about whether the company's cryptocurrency project Libra was going to work. Bitcoin's price on the Luxembourg-based Bitstamp exchange was last down 6.95% at $7,471 , after hitting a five-month low below $7,300. Appearing before the U.S. House of Representatives Financial Services Committee, Zucker
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