November 30, 2017
Bitcoin takes stock after rollercoaster ride
shaoran2012Image copyright Getty Images The price of digital currency Bitcoin fell 21% in a period of wild trading after passing a record $11,000, but later recovered some of the fall. Bitcoin is holding around the $10,000 mark it broke for the first time on Wednesday, but is down from the record $11,434 (£8,500) it hit in US trade. Overnight the currency slipped to $9,009 before regaining ground. On Wednesday, a Bank of England deputy governor warned “investors should do their homework” on Bitcoin. Unlike traditional currencies, Bitcoin is not issued […]