Bitcoin price drops more than US$1,000 in Asian trade | Malay Mail
Bitcoin hiccoughed in Asian trading today to at one point stand more than 6 per cent down on the day after failing to make record highs.
Bitcoin, the world's biggest and best-known crypto-currency, was last trading around US$17,700 (RM72,300), having lost more than US$1,000 since its previous close.
"With very high volumes on spot but also on leveraged markets, it's not surprising that after failing to hit the all-time highs, there would be this sort of rapid correction," said Justin d'Anethan sales manager at digital asset company Diginex.