Bitcoin’s Price Swings As Twitter Considers Banning Cryptocurrency Adverts

By Alvine Chaparadza

Bitcoin’s price plunged below $7000 and then rose up amid rumours that Twitter is following suit to Facebook and Google in banning cryptocurrency related advertisements. According to Sky News, this policy change could be enacted in two weeks time.

Facebook was the first of these Sillicon Valley giants to take this step in January, followed by Google last week.Twitter is said to also ban all ads for cryptocurrency exchanges, with some limited exceptions.

But the resurgence of Bitcoin’s price in less than 24 hours could signal that the rumour is not anyway true.

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