At press time, the father of crypto is trading for just over $6,300. This is about $200 higher than where it stood 24 hours ago. Previously, the currency was trading at the $6,100 mark – a drop of over $1,000 from where it was at the beginning of the week.
Is bitcoin trying to pull itself out of the gutter again? Recently, the coin fell after reacting heavily to what’s turned out to be a false report – “fake news,” as the CFO of Goldman Sachs describes. It was originally reported this week that the trading desk the Wall Street giant has been touting for the past several months was no longer in the works due to regulatory uncertainty. It later came out that these claims were false, though by that time, the cryptocurrency had already tanked.