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Bitcoin prices fell below $ 7000 today, reaching their lowest since mid-July.
The price of the digital currency has dropped to a minimum of & nbsp; $ 6,933.09, according to the & nbsp; CoinDesk Bitcoin price index (BPI). & Nbsp;
At this point, fell about 6.5% for the day, show additional figures for BPI.
[Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.]
Recent Bitcoin Recovery
2018 low of $ 5785.43 in June, Bitcoin prices have rebounded rising to $ 8.479 , 33 July 25.
More or less during that time, several analysts stated that the price of the digital currency had reached a local minimum, signaling an inversion of their tendency.
"Bitcoin has actually hit the bottom," said M arouane Garcon, CEO of & nbsp; cryptographic cryptographic derivatives platform & nbsp; Amulet .
Charles Thorngren, & nbsp; CEO of & nbsp; Noble Alternative Investments agreed with this statement, adding that "" "" "" "was not shared by anyone, that point of view, with some market observers arguing that it was too early to call a fund.
" I'm worried that the rebound in the bass was not acute enough, so not willing to sustain a call that is still a starting point," he stated that Vinny Lingham, co-founder and founder CEO of & nbsp; Civic.com . & Nbsp;
The recent withdrawal of Bitcoin could easily worsen this uncertainty, motivating some traders to sit down and wait the markets are oriented.
Dissemination: I own some Bitcoins, Bitcoin Cash and Ether.
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Tags Bitcoin dips hitting lowest weeks