Bitcoin price LIVE update: Bitcoin CRASHES 22 percent as does Bitcoin cash - bubble burst

Bitcoin price LIVE update: Bitcoin CRASHES 22 percent as does Bitcoin cash - bubble burst
 

Bitcoin fell to as low as $5,555 on Sunday in a weekly fall of 22 per cent, its biggest since early July as some traders dumped it for a clone called Bitcoin Cash.
Some sceptics have called Bitcoin’s rapid advance a bubble but the digital currency has become too big for many to ignore. 
Even after shrinking by as much as $38 billion since Wednesday, the cryptocurreny boasts a staggering market value of $101 billion.
However supporters of bitcoin “are now switching support to bitcoin cash,” according to Mike Kayamori, head of Tokyo-based Quoine.
He said: “There’s a panic about what’s... read more

 
13 November 2017 in Business, Views: 43
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