Cryptocurrency Market Continues to Fall as Bitcoin Price Seeks Support at $6,700

On previous reports, CCN emphasized that the price of bitcoin will likely fall to the higher end of the $6,000 region in the short-term. Over the past 24 hours, the bitcoin price has dropped by 2.5 percent, from $7,580 to $7,350, dipping below the $7,300 mark at one point.