Bitcoin’s price has suffered a slight blunder. After spiking to nearly $ 8,400 over the weekend, the coin fell during today’s early morning hours to $ 7,900, but has since rebounded to about $ 8,000 at press time. It’s good news to know that while bitcoin failed to develop stronger resistance during its Sunday high, the drop wasn’t any worse.
Joining bitcoin with an exact-matching four percent drop in value is ether, which has fallen from approximately $ 537 to $ 503 at the time of writing. In addition, bitcoin cash, Ripple’s XRP and litecoin have all fallen by roughly three percent each.