Bitcoin Drops To Less Than $6,000 After Highs Of $20,000. Why?

By Leonard Sengere

We will remember 2017 as the year of the cryptocurrencies. In that year, especially in the last quarter, Bitcoin and the other virtual currencies saw exponential growth unlike anything that had ever been seen before.

In the fourth quarter of 2017 Bitcoin grew by almost 500% internationally, the price of one Bitcoin rising from $4000 and crossing $20,000 on some exchanges. In Zimbabwe where Bitcoin trades at a premium, the price crossed the $30,000 mark.

What goes up must come down apparently, and how the mighty have fallen. Cryptocurrencies are full of drama, the exponential growths have been followed …read more

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