Bitcoin dropped below $10,000 for the first time in two weeks as US regulators grilled Facebooks David Marcus over their proposed cryptocurrency the Libra.
Litecoin (LTC) slipped over the weekend as cryptocurrencies were caught in the crosshairs of President Trump. Elsewhere, Facebooks Libra coin faces intense regulatory scrutiny.
After a brief period of consolidation, Bitcoin is headed higher as it trades between two important Fibonacci levels. Elsewhere, Facebooks Libra faces widespread scrutiny.