Bitcoin Price Watch: Maybe We Spoke Too Soon About “Recovery”

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Boy oh boy… Where to even begin? Yesterday, we mentioned that recovery in the crypto arena may be happening, but judging from today’s massive price drop, it appears that isn’t the case. Bitcoin has fallen by approximately $600 from yesterday’s high of nearly $7,500. Bitcoin has been in a serious slump for the past two weeks, and it appears that slump is here to stay a while longer. Analysts are discussing what could potentially be the primary causes for the drop. Some say regulation. Others discuss the idea that bitcoin and cryptocurrencies are still birthing technologies, and haven’t worked out

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