Bitcoin Price Watch: Currency Holds its Ground at $8,600

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After a relatively unsteady week, there’s not much to report on bitcoin’s price. At press time, the currency seems to be standing firm at $8,600 – a figure it reached just 24 hours ago. Recent news stemming from Japan likely contributed to a four or five percent drop in bitcoin’s price during the early morning hours, though it appears the currency has recovered. Japanese regulators have issued an official warning to executives of Binance, one of the largest and most popular cryptocurrency exchanges in operation. The company largely works out of Hong Kong, but also does business in Japan. Earlier

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