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Bitcoin price keeps falling and just dipped below $6,000

The price is a far cry from bitcoin’s all-time high of almost $20,000 back in December 2017.

Bitcoin price keeps falling and just dipped below $6,000
[Photo: Thought Catalog/Unsplash]
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The world’s most well-known cryptocurrency fell below the $6,000 threshold for a time being this morning. As of this writing, the currency has recovered a bit to around $6,044. However, falling below the $6,000 mark should be enough to cause alarm among cryptocurrency investors. The price is a far cry from bitcoin’s all-time high of almost $20,000 back in December 2017. This month alone, bitcoin has fallen more than 26%. And bitcoin is still performing better than other popular cryptocurrencies. Popular coin ethereum has fallen a whopping 40% in the last month alone, says Bloomberg.

About the author

Michael Grothaus is a novelist, journalist, and former screenwriter. His debut novel EPIPHANY JONES is out now from Orenda Books. You can read more about him at MichaelGrothaus.com

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