Bitcoin (available on Coinbase) (BTC) price grew in the second half of 2017. The digital currency peaked above $19,000 at the end of last year but, lost nearly half of its value in the new few weeks. Bitcoin (available on Coinbase) continues to trade in a narrow range over the last two weeks is currently trading around the $11,000 mark. Traders blame the lack of regulation for the huge plunge in prices, however, they are ignoring the growth in Bitcoin (available on Coinbase) miners and the decline in the cost of production.