Bitcoin Drops Over 20% Since May – 23 May, 2018

For the first time since mid April, Bitcoin fell below $7,500, slumping 7.3 percent to $7495, for a total drop of over 20 percent since the beginning of May. Combined with U.S. tensions with China and North Korea, and sliding stocks and commodities, the decline was pushed further when the free-charge exchange OKEx had a minor hiccup on their website and had to suspend transactions.