Cryptocurrency2.02.2018

Bitcoin drops below $8,000

Bitcoin

Bitcoin has fallen to just below $8,000, according to international indicators.

The price move follows Bitcoin dropping through the $9,000 mark earlier today.

According to CoinDesk, Bitcoin sunk to $7,995 at the time of writing.

The price drop follows speculation that Bitcoin will not receive the widespread government and user acceptance it needs to become a global payment system.

Data from CoinMarketCap shows the price of the cryptocurrency peaked at just over $20,000 on 17 December, before beginning a steady decline in the new year.

Bitcoin price – 1-year graph

Bitcoin

Now read: Status Messenger – Connect your smartphone to Ethereum

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