Bitcoin slips on talk of India ban

Author: Adam Button | Category: Cryptocurrency

Bitcoin down 1.5% today

Bitcoin fell as low as $10,147 earlier today but has rebounded to $10,292. Selling came earlier on fresh talk of crypto trading bans in India.

An inter-ministerial committee set up by former Indian finance minister Arun Jaitley recommended a ban on bitcoin. It's not a change in law but the committee recommends drafting a law that would bar crypto firms from the Indian financial system.

Here is the intraday chart:
Bitcoin down 1.5% today
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