Bitcoin Falls Below $47,000

May 13, 2021 1:38 PM EDT

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Bitcoin continues lower and is trading below $47,000 following headlines Binance is said to face investigations from Justice Dept, IRS. This added to pressure seen in the cryptocurrency after Elon Musk said Tesla would stop accepting it as payment for cars due to environmental concerns. Bitcoin was hovering near $60,000 earlier in the week.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Cryptocurrency, Trader Talk

Related Entities

Tesla, Bitcoin