If you’re freaking out about Bitcoin’s price drop, these graphs will make you feel better

If you’re freaking out about Bitcoin’s price drop, these graphs will make you feel better

The price of Bitcoin has dropped sharply in the past seven days, which has got cryptocurrency investors worried. Following Bitcoin reaching a high of $7,700 last week, the token dropped to a low of $5,600 this past weekend. The price drop has been linked to Bitcoin players suspending a plan to increase the block size in the Bitcoin blockchain through SegWit2X. Following the plan’s suspension, Bitcoin saw a relatively large sell-off, with investors moving to alternative cryptocurrencies such as Bitcoin Cash. Conversations on cryptocurrency sites and social media have discussed what the failure to implement SegWit2X means for Bitcoin, […]

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