Bitcoin Watch: Crypto slumps below USD8000 following Jul-2018 bull run

Bitcoin has fallen 5% in the last day and now stands at around USD7700. Other cryptocurrencies are following suit, with Ethereum, Ripple and Bitcoin Cash all down between 6% and 4%.

Since 22-Jul-2018, the price of Bitcoin had increased from USD7,200 to USD8,300, peaking at $8,500 on 25-Jul-2018 – before now falling to USD7700. The rebound has led the market to suggest another recovery is likely imminent.

Stay updated here with how the cryptocurrency is tracking: