https://www.reuters.com/article/us-crypto-currencies/bitcoin-extends-losses-after-fed-chief-urges-halt-to-facebooks-crypto-project-idUSKCN1U60YN

Bitcoin dipped almost 8% on Thursday, extending losses the day after U.S. Federal Reserve Chairman Jerome Powell called for a halt to Facebook's Libra cryptocurrency project until concerns ranging from privacy to money-laundering were addressed.