This week didn’t start off on the high for Bitcoin price (BTC) and its future fundamentals; BTC price is steadily moving downhill after hitting $11,500 during the weekend and in early trading on Monday. The downward trend was due to lower volume – which is a frustrating sign for bulls.

Bitcoin prices lost close to $1,000 from its Monday high, the price of bitcoin token was around $10,594 today. It seems that bulls are losing their grip on the crypto markets after the ruthless response from major regulators of European countries and the United Kingdom.

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