Bitcoin crosses through $17,000 as concerns mount

Bitcoin crosses through $17,000 as concerns mount
 

Bitcoin briefly crossed through the $17,000 (£12,615) mark in volatile Asian trading, extending its record breaking run.
The cryptocurrency has soared around 70% this week according to Coindesk.com, despite fresh warnings of a dangerous bubble.
Its dramatic rise has been likened to a "charging train with no brakes".
As concerns mount, an industry group has warned plans to start bitcoin futures trading were "rushed through".
Critics have said Bitcoin is going through a bubble similar to the dotcom boom, whereas others say it is rising in price because it is crossing into... read more

 
8 December 2017 in Business, Views: 73
Source: BBC
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30