December Nightmare: Bitcoin Price Plunges Below $7000

December Nightmare: Bitcoin Price Plunges Below $7,000

After trading in a tight range between $7,300 and $7,150 for several days, Bitcoin might be on the move again, heading south this time. The price of the largest cryptocurrency dropped to $6,994 on the largest margin trading exchange, BitMEX. Bitcoin managed to recover slightly and is currently trading at around $7,050.