Bitcoin falls below $6000

Daniel Adewetan

As of now, the value of bitcoin has fallen to $6000. For the past couple of days bitcoin has been through price drops. Before the price drops, certain prominent figures in the investing business criticized and questioned the purpose of bitcoins and more generally cryptocurrencies. Some believe that bitcoin is a fraud. A pyramid scheme. And that it will crash someday. With the bitcoin price now at $6000, the lowest drop for the bitcoin, its final days as a virtual attraction may be dawning upon us as of this moment.