Post
Topic
Board Speculation
Re: Bitcoin drops to lowest level this month as price falls below $6,300
by
Cointertrade
on 12/11/2017, 00:17:23 UTC
The notoriously volatile cryptocurrency bitcoin has fallen to its lowest price this month after rallying in the first week of November and then crashing by more than $1,000 on Thursday and Friday.

The price of a single bitcoin is down 4.53 per cent at $6,272.24, according to Coindesk's aggregate index, a level it hasn't reached since the end of October.

Bitcoin surged to an all-time high of almost $7,900 on Wednesday, before dropping by more than $1,000 in 48 hours.

The surge was prompted by the suspension of a software upgrade that could have split bitcoin into what's called a "fork".

The most recent slump came as some traders dumped it for a clone called bitcoin cash, which has seen its value soar in the last few days: it's price is now up by 54 per cent to $1,247.
Bur it doesnt we should worry because 6300$ is still a high value. Why dont we need to worry? That is because bitcoin price is unlredictable and unstable. Just be better positive that it will pump by the end of this year.