Bitcoin Price Falls Below $7,000 for the First Time in Nearly 2 Months

in #bitcoin7 years ago


A potential trade war between the U.S. and China is affecting more than just Wall Street today. Cryptocurrencies are suffering amid the uncertainty, sending Bitcoin prices below $7,000 for the first time in nearly two months.

Bitcoin prices hit $6,919 in mid-morning trading Wednesday, the first time they’ve slipped below the $7,000 barrier since Feb. 6. They have yet to hit recent lows, though. Since the digital coin’s stunning escalation in value last year, the lowest prices have fallen is $6,127.21, according to CoinMarketCap.

Aside from that brief dip in February, the last time Bitcoin was regularly in the sub-$7,000 range w

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