
Bitcoin Dropped Below $6,400 Raising Speculations that Bear market was Imminent
Bitcoin was at a point on Friday trading below $6,400 raising fears that a bear market was imminent. For instance, data from Coinmarketcap shows that at
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain

Bitcoin was at a point on Friday trading below $6,400 raising fears that a bear market was imminent. For instance, data from Coinmarketcap shows that at
![McAfee Thinks That Bitcoin [BTC] at $1 Million by 2020 Is āConservativeā](https://crypto-economy.com//wp-content/uploads/2019/07/mcafee-pred.jpg)
In a recent interview where he was discussing the current state of the blockchain industry and the future prospects of the technology, McAfee seems to stand

Even as BTC/USD prices retrace, we shall maintain a bullish outlook recommending buys on dips with safe stops at $6,300, Oct 29 lows. Everything else constant
![Research Claims 1 in Every 40 Bitcoin [BTC] Has been Seized by Government](https://crypto-economy.com//wp-content/uploads/2019/07/SEIZED-BITCOIN.jpg)
One in every forty Bitcoin [BTC] in circulation at the moment has been confiscated at one time or another. This represents about 453,000 Bitcoins or about
![Bitcoin [BTC] Mining Attack Causes Canadian University to Shut Down Network](https://crypto-economy.com//wp-content/uploads/2019/07/university-atack.jpg)
The online services offered by St. Francis Xavier University remained isolated for most of last week due to a cyberattack to extract Bitcoin confirmed in the
![Civic CEO Bets That Bitcoin [BTC] Won't Hit $28,000 Before 2020](https://crypto-economy.com//wp-content/uploads/2019/07/crypto-con-bitcoin.jpg)
$28,000 per Bitcoin by December 31st, 2019 is the price to watch according to recent developments from the World Crypto Con event held in Las Vegas

Although we have seen how sectors of traditional finance have been systematically attacking everything that has to do with cryptocurrencies and blockchain arguing all sorts of
![Mike Novogratz claims that Bitcoin [BTC] will see all-time highs in 2019](https://crypto-economy.com//wp-content/uploads/2019/07/mike-bitcoin-1.jpg)
Bitcoin is set to break its previous highs and sow to new all-time highs come 2019. This is the latest prediction from former Goldman Sachs investment
![XMR.to ā The Monero [XMR] to Bitcoin [BTC] Cryptocurrency Payment System](https://crypto-economy.com//wp-content/uploads/2019/07/xmr.to_.jpg)
XMR.to is simply an online service that allows users to make anonymous payments via the well known cryptocurrency, Monero. Primarily, the user pays money to XMR.to

Digital currencies have been a growing trend, and, with the rise of BitCoin in early 2009, have become an established, if still high risk, investment opportunity
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