Bitcoin declines for fourth straight session

Bitcoin fell modestly on Thursday on track for the fourth loss in a row as trading grows tepid in the market due to weak investor demand. 

At Bitstamp, Bitcoin fell $10, or 0.3% to $3,565, with a session-high at $3,590, and a low at $3,552. 

Bitcoin shed 0.3% on Wednesday, the third loss in a row on weak demand on the world's largest cryptocurrency. 

Market value of cryptocurrencies fell half a billion dollars to $120 billion. 

Intercontinental Exchange CEO Jeffrey C. Sprecher said he expects the Bakkt platform to start operations later this year. 

That's a delay from the initial timeline in the first quarter of the year, as talks continue with the Commodity Futures Trading Commission. 

Otherwise, Tom Lee, a notable Wall Street analyst and crypto supporter, said he sees nine gradual improvements in the market that would prop up prices eventually.