Friday, December 1, 2017

Bitcoin Loses Over A Fifth Of Its Value In Less Than 24 Hours

Bitcoin headlines are the BEST! Last week it was all about its "meteoric" rise to $9, it's all about the "crash" down to $9,400. Lulz. 😕

The cryptocurrency fell as much as 8 percent on Thursday on the Luxembourg-based Bitstamp exchange to hit $9,000 exactly, marking a fall of well over $2,000 in under 24 hours. It then edged back up to trade at around $9,400 in the hour that followed, still down roughly 4 percent on the day.