Bitcoin Dropped Below $30k
For the first time in the past four weeks, the Bitcoin price dropped below the $30,000 level.
At the time of writing, the first cryptocurrency has been trading at $29,728. But then the BTC rate dropped below the steady level of $30,000 that seemed to be maintained for the past four weeks.
Since mid-May, Bitcoin was traded in the $30,000 to $40,000 range. And only on June 22, the rate fell below $30,000.
In early July, most Wall Street investment directors expected Bitcoin to drop below $30,000 by the end of the year.