Bitcoin drops to new low after Binance probe reports, Tesla fallout 

Bitcoin drops to new low after Binance probe reports, Tesla fallout 

Photo by Andre Francois on Unsplash

Bitcoin slid to a 2-1/2-month low on Thursday after a regulatory probe into crypto exchange Binance added to pressure from Tesla Inc chief Elon Musk’s reversing his stance on accepting the digital currency.

Bloomberg reported on Thursday that as part of the Binance inquiry, the U.S. Justice Department and the Internal Revenue Service have sought information from individuals with insight into its business.

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