Bitcoin Price (BTC) Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions

The largest cryptocurrency by market capitalization was recently trading at around $26,700, down 2.1% over the last 24 hours, according to CoinDesk data. BTC had challenged $27,500 Thursday morning, but a quick pullback early in the afternoon took the price down to nearly $26,400.