Bitcoin volatility sees trades suspended on certain exchanges

Bitcoin plunged on Friday, stretching a fall that noticed the crypto-currency lose more than a third of its value from a record of practically 20 dollars, 000 (? 15, 000).

The crypto-currency's price dropped below $11, 000 on Friday, in line with the Coindesk exchange website, before recovering to about $12, 000.

In the middle of the swing, three Bitcoin-related exchanges suspended certain investments.

Bitcoin has had a blistering trip over the past 12 months. The price at the start of the year was $1, 000.

It is now to normal for it is worst week since 2013.

Charles Hayter, founder and chief executive of industry website Cryptocompare, said: "A manic upward swing led pre lit by the herd will be followed by a downturn as the mental sentiment changes. "

This individual said a lot of traders would have recently been cashing in on the spectacular gains made in the year.

Is Asia generating the Bitcoin craze?

Specifically what is Bitcoin?

'Be ready to lose your money'

What's going on?

Recent weeks have seen Bitcoin your mainstream after the CME and CBOE exchanges in the US started trading futures agreements underpinned by Bitcoin.

This kind of allows investors to gamble on where they expect the price of Bitcoin to be at certain points in the future.

Bitcoin graph and or chart

The exchanges have programmed brakes that apply each commodity or asset has moved by a certain amount.

That happened on both the CME and CBOE exchanges, precipitating brief halts in trading.

One of Bitcoin's major exchanges, Coinbase, also suspended investing of the crypto-currency amid rapid changes in value.