Bitcoin dumps on news of successful COVID-19 vaccine trials
Bitcoin apparently did not like all the fanfare over good results in a COVID-19 vaccine trial
Bitcoin (BTC) fell sharply in price this morning as pharmaceutical company Pfizer, in collaboration with biotech company BioNTech, announced a breakthrough in its COVID-19 vaccine.
Bitcoin fell approximately $1,000, over 6%, between 12:00 pm and 3:00 pm UTC today on the vaccine news, from $15,800 down to a daily low near $14,815, based on TradingView data. Crypto's pioneer asset bounced slightly by the time of publication, sitting near $14,908.
See more for yourself here (https://cointelegraph.com/news/bitcoin-dumps-on-news-of-successful-covid-19-vaccine-trials).