Bitcoin Slides Under $10,000, JP Morgan & Ethereum, and the US’ Cryptocurrency Crackdown

Another week, another round of Crypto Tidbits. If you look at the below chart, it may seem like Bitcoin had a subdued week in terms of price action; however, the past few days for this budding market has been filled with ups and downs, like the surge to $10,600, then the subsequent strong retracement to $9,700 on Saturday morning as bulls failed to keep up the pressure.

Whatever the case, BTC ends the past seven days up a mere 0.33%. Though, Bitcoin’s non-performance on the week is abnormal, with altcoins such as XRP and Ethereum exhibiting massive gains of over 10%, despite the relative stagnation in the cryptocurrency market’s leader.

This trend has resulted in Bitcoin dominance tanking by a handful of percent — a trend actually impressive for a market worth hundreds of billions.

Aside from the market, the underlying cryptocurrency industry saw a relatively productive week, with there being a number of news stories showing the growth and adoption of these technologies, though…