What is Driving the Bitcoin Price Under $10,000? Crypto VC Weighs In

Bitcoin has been absolutely slammed over the past week. Just weeks ago, you had countless analysts calling for the cryptocurrency to “moon”. But the rocket is having trouble breaking past the stratosphere.

Related Reading: Bitcoin Price Approaches $10,000 24 Hours After $11,000 Falls

As of the time of writing, Bitcoin has found itself trading for $9,700, down a jaw-dropping 8% in the past 24 hours.

This move caught many traders with their pants. A Goldman Sachs analyst, for instance,...

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