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This week has been very difficult for the growth of bitcoin price and other cryptocurrencies also. The lowest price for the month on March 31.

Today’s low was at $6,796, but after this, the market got slight recovery from a day low to high when the price of bitcoin crossed $7,000 above and traded high around 8 percent within 24 hours.

The mixed reaction of countries and people regarding the cryptocurrencies is affecting their prices thus reaching the high volatility in the price. The market tumble recently after the Twitter CEO made an announcement of a ban on cryptocurrencies ads and the account closure news of Top bitcoin exchange in India and other.

Whereas on another side the scenario is positive for cryptocurrency as news countries are coming forward for the adoption of cryptocurrency and the blockchain technology. The digital currency could be the future of new era as said by several cryptocurrency believers.

At the writing time, the Bitcoin is trading at $7,131.82 according to the Coindesk, bitcoin price index. The slow but the constant rise in the price of cryptocurrency is expected as per the technical charts and analysts vision.