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Bitcoin Falls as Regulatory Hopes Are Dashed
The price of bitcoin has steadily fallen this week.Credit: Jens Kalaene / picture alliance via Getty ImagesKEY TAKEAWAYSBitcoin prices have fallen this week, with the drag also hitting crypto-linked stocks.The SEC canceled a meeting to discuss new crypto fundraising rules, delaying some regulatory clarity.Crypto investors got a letdown this week—and not just from bitcoin prices. The price of bitcoin, which was around $65,000 on Monday, sank to around $62,500 as of Friday morning. Crypto-linked stocks including Coinbase (COIN), Robinhood (HOOD), and Strategy (MSTR) were down at least 2% in…
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