Bitcoin dropped $1000 in less than an hour

Bitcoin plunged in price after Coinbase, the leading platform for doing Bitcoin related transcation, said on tuesday that it is ending its support for bitcoin.

The crypto currency fell from $17,929 to as low as 16,912 following the News. The U.S  Security and Exchange commission on tuesday halted the trading in Bitcoin and other cryptocurrency, temporarily. 

Coinbase said on their blog that, bitcoin Cash and Recieves are working, however Buys and sells will be available shorty after there is enough liquidity on GDAX.