New session lows underneath 36k for Bitcoin

Bitcoin has made a poor effort of rebounding so far today. In fact, it has just now fallen to fresh session lows as it drops close to 36k as this update is being typed. The move lower comes following earlier comments from the Bank of Japan governor, who added his voice to the growing number of central bank leaders, who are expressing rising concern over the leading cryptocurrency. Of course in doing so they are not necessarily singling out Bitcoin in particular, but more rather referring to the whole crypto sphere using that generic term. Bitcoin has in fact just not dropped below 36k as the downside selling pressure intensifies