Yesterday, bitcoin saw a fall of $84.11, or 1.12 percent, as it was trading at $7,403 following its 300th death anniversary.

The cryptocurrency suffered its 62nd death this year alone and lost a value of more than $2,600 since its 200th death in December last year.

If it continues this way, bitcoin could fall below $7,000 in the coming days.

This morning, at the time of writing, it is worth $7,699 - up from around $6,500 in early April, according to Coinable exchange.