Bitcoin Investors Face Severe Restrictions From HSBC & UK Banks. HSBC and other unnamed UK banks will not agree transfers from cryptocurrency exchanges. Furthermore, HSBC will ot permit Bitcoin (BTC), Ether (ETH), or other altcoin-linked deposit or even deposits associated with a crypto wallet in their customers bank accounts.
Is this the main reason for the dump ?
No, the main reason is that Bitcoin price became overbought.
Bitcoin can’t be overbought.... though I like the market testing the newbies and shaking the FOMO right back out of them....
The market decide who’s worthy to profit of future gain and usage of BTC