Black Friday – Bitcoin Price Dropped below $6500
Yesterday Bitcoin showed promises to overcome the $7000 barrier. However today the price of Bitcoin and all major crypto dropped again. Despite efforts, bulls could not raise the Bitcoin price over $7000. Currently it demonstrates the price drop by more than 4% and makes $6376.
Yesterday crypto experts noted that Bitcoin should stay over $6500 for mid-term growth. Though, with its current price, it may fall to $6000. In correlation with Bitcoin, Ethereum dropped by 7%, Ripple dropped by 4%, Litecoin dropped by 8%. Possibly, negative situation on the market was also caused by the news about EOS – unstable network due to vulnerable wallets as well as troubles with Bithumb.
Photo by Magnus Johansson