Bitcoin Drops Below $7,000 for First Time Since December 18

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According to data from CryptoCompare, at around 17:00 UTC on Thursday (January 2), Bitcoin fell below $7K:

As you can see form the one-month price chart shown below, this is the first time that Bitcoin has been below the $7,000 level since 18 December 2019:

Here is Jerry Robinson, economist, trader, and host of the "Follow the Money" podcast, putting in perspective Bitcoin's fall to below the $7K level:

 

Featured Image Credit: Photo via Pexels.com

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