Bitcoin Watch – Bitcoin rebounds over night to settle on USD7,422

Despite predictions of continued loss from analysts around the world, Bitcoin has rallied overnight and increased approx. 5% to USD7,422. Yesterday, the cryptocurrency had dropped to a low of USD7,040 and looked to continue the downward spiral, however fought back for the first time in two weeks.

Stay updated here with how the cryptocurrency is tracking:

baseUrl = "https://widgets.cryptocompare.com/"; var scripts = document.getElementsByTagName("script"); var embedder = scripts[ scripts.length - 1 ]; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.async = true; var theUrl = baseUrl+'serve/v3/coin/chart?fsym=BTC&tsyms=USD'; s.src = theUrl + ( theUrl.indexOf("?") >= 0 ? "&" : "?") + "app=" + appName; embedder.parentNode.appendChild(s); })();