Avid bitcoin followers might have noticed that the price of the popular digital currency has been on the downward trend lately.
On Tuesday, the cryptocurrency traded at $602.93 per bitcoin—a drop of more than $50 from last week’s price—while market capitalization also dipped to $9.55 billion.
But there’s no need to fret—yet—according to some analysts, who chalked up the price drop to the “market uncertainty” caused by the recently-held meeting between miners and bitcoin core developers.
http://calvinayre.com/2016/08/02/business/meeting-between-miners-core-developers-triggers-drop-in-bitcoin-price/