Bloomberg: Bitcoin fell to a six-month low, or fell for eight consecutive days

According to Bloomberg News, Bitcoin fell nearly 10% in recent days to its lowest level in six months, continuing the decline last week, because people are worried that China will strengthen its crackdown on cryptocurrency. Bitcoin plunged 9.8% from last Friday's close. As of 11 am, the transaction price was slightly above $6,700, the psychological barrier for Bitcoin trading to fall below $7,000 for the first time since May. According to Bitstamp's price data since August 2011, Bitcoin is expected to fall for eight consecutive days (including weekend trading), closing the record downtrend since 2014.