Bitcoin slumps after bomb threats that were emailed across the US demanded it for ransom

[PRIBO247]

Bitcoin was down more than 6% to near
$3,300 a coin after the New York Police
Department said that bomb threats that have
been emailed around the country Thursday
afternoon were made by someone
demanding bitcoin. Thursday's selling had
the cryptocurrency contending with its
lowest level in over a year.

"Please be advised - there is an email being
circulated containing a bomb threat asking
for bitcoin payment," the NYPD said in a
tweet. "While this email has been sent to
numerous locations, searches have been
conducted and NO DEVICES have been
found."

The NYPD added that these threats are
meant to cause disruption or obtain money,
and that the threats do not appear to be
credible. The threats were made across the
country, according to the FBI. At least 13
threats were made in New York City, NBC 4
said.

Bitcoin, the largest digital currency by
market value, has lost half of its value since
November 14, making a difficult year for
crypto investors even worse.
Investors in the digital currency saw its
price explode in 2017 as cryptomania swept
over the world. Bitcoin began 2017 worth
less than $1,000 a coin before soaring more
than 2,000% to a high of $19,511.
This year has been a different story,
however, with the cryptocurrency's value
having plunged by 75%.

Source : https://markets.businessinsider.com/currencies/news

[dragononcrypto]

This is crazy news! But at the same time I think the technicals are more relevant than so-called bad publicity, the fact the price is already very oversold.
When Wannacrypt randsomware happened last year, this was widespread negative Bitcoin news, but the price rallied in the coming weeks, potentially due to the publicity. Thankfully, no-one was hurt in these hoax threats.