Bitcoin suffers its biggest plunge in a month as traders fear tighter regulations

Markets Insider Bitcoin fell Wednesday by more than 8%, itslargest one-day drop in a month. The world's largest cryptocurrency slumped following a report by the Commodity Futures Trading Commission that raised fears about future regulations. Bitcoin recently sold off on reports of tighter regulation in China, but quickly rebounded to an all-time high. Bitcoin's price fell by the most in a month Wednesday after US regulators signaled that the cryptocurrency may come under more scrutiny.Other larg...