News: The wild week of Bitcoin

nadeem.saiyed (35)in #cryptocurrency • 6 years ago

This week has been a rollercoaster ride for Bitcoin – and could signal an equally unpredictable future.
What happened this week?
The eight-year-old cryptocurrency has pulled in droves of investors in recent months. But this week it hit record-breaking highs, soaring over $10,000 (£7,493) in value. At the start of 2017 a Bitcoin was worth just $1,000.
And yet within 24 hours of hitting the benchmark it had climbed past $11,000 before losing nearly 20% of its value, to just barely $9,000.

#bitcoin #rise #news #busy

6 years ago in #cryptocurrency by nadeem.saiyed (35)

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minnowpond (62) 6 years ago

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News: The wild week of Bitcoin

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