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Bitcoin Continues to Fall in Early Trading

Bitcoin is trading below $78,000 Monday morning

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  • Written by  Banking Exchange staff
 
 
Bitcoin Continues to Fall in Early Trading

Bitcoin is trading below $78,000 Monday morning, and fell below $75,000 even earlier in the day.

Last, week, Bitcoin fell by about 12%. The drop fell along with gold and silver last week.

European stock markets have also started the week in negative territory.

Silver fell more than 30% last week. Bitcoin is down more than 22% year over year.

Target forecasts showed the asset’s volatility with some major analysts expecting it to go below $40,000 before year end, while others think it may hit $150,000.

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