At press time, bitcoin is trading for roughly $8,350. That’s about $150 less than where the currency stood yesterday. Bitcoin has been marred by ups and downs for the last 1.5 weeks, and it appears they aren’t ceasing anytime soon. Since May 5, bitcoin has been on shaky ground. The currency was originally slated to hit $10,000 after it reached a $9,800 high, but sadly, this never occurred. In fact, bitcoin has undergone steady drops ever since and is now trading for $1,500 less. Fundstrat’s Tom Lee attributes this to what he calls a lagging “trifecta of progress.” The cryptocurrencyPowered by WPeMatico
