Bitcoin Price Watch: Currency Falls to $8,500

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At press time, bitcoin is trading for just over $8,500. This is a near $300 drop from yesterday’s price of $8,800, and the recovery many of us likely believed to be right around the corner is again sinking into hiding for the time being. The price did manage to rebound a bit following Monday’s start of the Coindesk Consensus Conference in New York. After falling roughly to $8,400 from the $9,000 price range last week, bitcoin ultimately rose to $8,800 as organizers were selling tickets for as high as $3,000 to last-minute attendees, though most could be garnered for an

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