Bitcoin prices dip below $900 after trading volume drop

Bitcoin prices fell below $900 during late-night trading, continuing that trend as the day progresses. The digital currency’s price tumbled yesterday after major exchanges BTCC, Huobi and OKCoin began imposing trading fees following guidance from China’s central bank. That move triggered a broad decline in volume at these exchanges. This development, combined with the previous announcement that those exchanges would halt margin trading, seems to have placed some downward pressure on prices. Bitcoin fell to as little as $885.72 on 24th January, roughly 2.5% below their daily high of $908.39, according to the CoinDesk Bitcoin Price Index (BPI). Read more: