Bitcoin Price Watch: A $300 Drop is in the Books

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Bitcoin’s price incurred a slight fall during today’s early morning hours. After trading at just under $9,000 for most of yesterday, bitcoin is down to around $8,600 at press time. There appear to be several reasons for the drop. The first comes by way of the U.K. Authorities are laying out plans to implement a task force designed to assist in governing cryptocurrency usage to better understand the risks involved. The group will likely involve the Bank of England, the Financial Conduct Authority and the treasury. For the most part, the U.K. has remained primarily skeptical of digital assets. While

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