Bitcoin is going low with a break below $2,500 a coin. The cryptocurrency trades low at 3.7% decrease. Ethereum is also under pressure. It's price is fluctuating with a range between $2,474 and $2,639 since Monday.Sheba Jafari, warned in a note to clients that bitcoin could fall as low as $1,857 before surging as high as $3,915.Recently, there has been a bit of skepticism surrounding the cryptocurrency. Back in early June, tech billionaire Mark Cuban said bitcoin was a "bubble." He tweeted, "I think it's in a bubble. I just don't know when or how much it corrects. When everyone is bragging about how easy they are making $=bubble."Last week, Jeffrey Kleintop, the chief global investment strategist at Charles Schwab, suggested bitcoin was in a bubble unlike any we had ever seen before .
source:http://www.businessinsider.in/Bitcoin-is-sliding/articleshow/59493713.cms