Saturday, 23 December 2017

Bitcoin's Value Crashes

Bitcoin went into freefall on Friday, its price collapsing from the dizzying heights of nearly $20,000 earlier this week to around $12,000 as steam appeared to be running out of its year-end rally.
A Bitcoin ATM machine at Olive's Caribbean Restaurant, New Cross, south London. Despite this week's flop the currency is trading well up on the year
According to Coindesk, the cryptocurrency was trading at $12,137, a fall of 36 per cent in five days. Its price has fallen by over $2,000 in the space of 12 hours.
It comes after a troubled week for Bitcoin, in which a cryptocurrency exchange went bust in South Korea following a cyber attack, knocking its price.
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1 comment:

  1. Alex Okey21:56

    All this money schemes na wash!

    ReplyDelete

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