Bitcoin had an alarming huge nosedive last weekend when the price dropped to around $6,000 per coin. Surprisingly, the price is up again and this time, no signs of slowing down. The price of Bitcoin is US$ 7,489 at the time of writing this article which is way over $1k gain within a week.
Experts say the price of Bitcoin dropped because developers suspended a controversial software upgrade, known as Segwit2x, on Nov. 8.