Bitcoin Extends the Fall, Now at One-Month Low Below $8K

Bitcoin Extends the Fall, Now at One-Month Low Below $8K

Bitcoin

The year commenced with a massive rally in Bitcoin (BTC) that ultimately led to a sustained bull run, and the price of the world’s biggest cryptocurrency eventually reached levels that raised visions of 2017’s climb. However, that eventually came to an end, and the last few months have been pretty tough for the crypto industry at large.

Why the Sudden Reversal?

In a new development that would come as a bit of a shock for many in the crypto space, BTC has collapsed to below $8,000 levels today. This is the lowest level for the cryptocurrency ...

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