Bitcoin falls after less rosy analyst forecast and report Square has pulled its banking application
Bitcoin fell 3 percent on Thursday afternoon, along with prices of other cryptocurrencies. Bitcoin bull Tom Lee, the only Wall Street analyst with a price target on it, said he sees bitcoin's price at $20,000 by the end of the year, though that is $5,000 below his earlier forecast. Square took back its FDIC application for an industrial loan license to amend and strengthen it, according to a report in American Banker.