07 Jun Bitcoin price: Will BTC rise today? What is currently going on with bitcoin? | City & Business | Finance
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Yesterday, bitcoin saw a fall of $84.11, or 1.12 percent, as it was trading at $7,403 following its 300th death anniversary.
The cryptocurrency suffered its 62nd death this year alone and lost a value of more than $2,600 since its 200th death in December last year.
If it continues this way, bitcoin could fall below $7,000 in the coming days.
This morning, at the time of writing, it is worth $7,699 – up from around $6,500 in early April, according to Coinable exchange.
The value is up by one percent since yesterday and up by about two per cent week-on-week.
However, the overall value is down by around 17 percent from the figure a month ago.
What is currently going on with bitcoin?
CCN.com called it a “boring week” for prices as it is only natural the market keeps moving sideways.
However, there are a lot of new developments happening in the bitcoin community in the near future which could change the coin’s dull trajectory.
A new feature of batching will start to gather…
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