After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?

© Reuters.  After Testing $7K — Is Bitcoin Price Finally Close to the Bottom? © Reuters. After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?

(BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been pushed back across $7,000 with buyers showing interest in prices below the $7K handle.

The loss in Bitcoin valuation has dragged the entire market down with notable loser being Ether (ETH), which has lost support at $150 and printed lows of almost -15% at $137.

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