Bitcoin Watch: Crypto drops to three week low while JPMorgan CEO remains critical

Bitcoin dropped under USD7000 on 06-Aug-2018, and measures at around USD6900 at reporting time. The latest drop positions the crypto at a three week low, which has seen a negative knock-on effect on the altcoin market.

Meanwhile, JPMorgan CEO Jamie Dimon has returned to more critical comments on Bitcoin. Speaking at the Aspen Institute’s 25th Annual Summer Celebration Gala, Mr Dimon suggested certain governments “may move to shut down the currencies [cryptocurrency], because of an inability to control them”.

Stay updated here with how the cryptocurrency is tracking: