as much as 9%. As of Friday morning it's trading just about $26,000. Many investors are still searching for what caused the sell-off but it's possible that it's related to a Wall Street Journal story that said's rocket company, SpaceX, wrote down its bitcoin holdings over the last two years and sold off the virtual currency.
. According to a LendingClub report, 61% of U.S. adults in June were relying on their next influx to cover basic expenses. And according to a survey from Bankrate, more than 70% of Americans don't feel financially secure. When you break down the math, it's easy to see why. The typical U.S. worker takes home about $3,300 per month after taxes and benefits, based on data from the U.S. Bureau of Labor Statistics.
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