Bitcoin struggled to stay above $ 8,000 on Sunday, after its\nworst weekly price drop this year.<\/p>\n\n\n\n
Bitcoin (BTCUSD) has been above $10,000 recently until last\nSunday, but has since fallen about 20%. As of Sunday night, Bitcoin was around\n$8,020, according to the CoinDesk.<\/p>\n\n\n\n
The leading digital cryptocurrency, the world’s first and\nmost important cryptocurrency, has fallen about 34% over the past three months.\nIn June, Bitcoin reached the $10,000 mark for the first time since early 2018.<\/p>\n\n\n\n
“Bitcoin\u2019s recent price drop is a result of technical\nand fundamental factors,” the CEO of Bitbull Capital wrote last week.<\/p>\n\n\n\n
Major cryptocurrency traders believe that Bitcoin could\nbounce back by nearly 10% and could remain above $8,000.<\/p>\n\n\n\n
However, Bitcoin has risen to as much as 115% of the year so\nfar, much higher than the 2019 low of about $3,400 in January. Bitcoin’s\n52-week low of $3,167 was recorded in December. The cryptocurrency reached an\nall-time high near $20,000 at the end of 2017, and the market cap is currently\naround $144,600,000,000, according to Coinmarketcap.com.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin struggled to stay above $ 8,000 on Sunday, after its worst weekly price drop this year. Bitcoin (BTCUSD) has been above $10,000 recently until last Sunday, but has since fallen about 20%. As of […]<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":1372,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,4],"tags":[16,60,97,17,50,77,105,36,34,114,126,127,120,21,109,121,81,115],"_links":{"self":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1370"}],"collection":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/comments?post=1370"}],"version-history":[{"count":1,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1370\/revisions"}],"predecessor-version":[{"id":1373,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/posts\/1370\/revisions\/1373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media\/1372"}],"wp:attachment":[{"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/media?parent=1370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/categories?post=1370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skyeconomynews.com\/wp-json\/wp\/v2\/tags?post=1370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}