05 February 2018

Bitcoin's worst week since 2013


Digital currency Bitcoin fell 30% last week, leaving it on track for its worst week since April 2013.

On Friday the price fell below $7,910 on the Bitstamp exchange, a 12% fall on the day before, but recovered slightly. Although it is far short of the $19,000 it reached in November 2017, it is still way above the $1,000 level at which it started trading last year.

The fall comes amid a number of recent incidents that appear to have shaken faith in cryptocurrencies.



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