Bitcoin price: analysts bullish despite recent slump
Bitcoin analysts are positive that the cryptocurrency’s value will soon see a much-needed boost, despite prices plummeting by almost $2,000 (£1,600) since the beginning of August. The virtual coin entered the month just above the $10,000 (£8,200) mark before swiftly rising to its August high of $12,200 (£10,000) six days later, according to ranking site CoinMarketCap.