The bitcoin price has been on a steep downward trend over the last six-months with bitcoin today dropping under the psychological $7,000 mark to trade as low as $6,900 per bitcoin on the Luxembourg-based Bitstamp exchange. [Update: 12.09am EST 01/03/2020] The bitcoin price has bounced from its earlier lows following news the head of the Iranian Revolutionary Guards' elite Quds Force, general Qasem Soleimani, has been killed by U.S. forces in Iraq. The bitcoin price leaped around 4% to back over $7,000 per bitcoin and was seen trading at $7,265 on the Bitstamp exchange before falling back slightly. The bitcoin price slipped earlier in the new year, dragging down the price of the wider bitcoin and ... [+] cryptocurrency market. Elsewhere, Twitter's chief executive Jack Dorsey has grand plans for bitcoin and major U.S. bitcoin and cryptocurrency exchange Coinbase is working on some exciting new technology.

Source: Forbes January 02, 2020 23:16 UTC