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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]

BY Michael Grothaus

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.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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