Bitcoin Drops More Than $1,000 In Less Than 48 Hours
Friday, 10 November 2017 () Bitcoin fell below $7,000 on Friday to trade more than $1,000 down from the latest all-time high it hit on Wednesday after traders swapped the cryptocurrency for a clone called BItcoin Cash, raising its value up around a third, according to Reuters. Bitcoin has recently been rising continuously, eclipsing its record highs week after week with a vertiginous sevenfold increase since the beginning of the year. But some investors have been warning that the bubble is going to burst on Bitcoin and that may be soon. Bitcoin reached a record high of $7,888 around 1800 GMT on Wednesday after a software upgrade that was scheduled for next week was suspended since it could have created a so-called...
On Friday, Bitcoin dropped below 7,000 dollars to trade more than five percent down on the day, having fallen by well over 1,000 dollars since hitting an all-time high on Wednesday. According to industry website Coinmarketcap, as bitcoin fell, Bitcoin Cash enjoyed a surge, trading up as much as...
eople might have different opinions about Bitcoin and its future, but this digital currency doesn’t know how to slow down. The price of Bitcoin is up more than... Fossbytes - TechnologyAlso reported by •The Next Web •The Merkle •WorldNews
One of the main problems associated with the launch of Bitcoin Gold is the way this currency was created. It was not a live hard fork of Bitcoin, but more of a... The Merkle - MarketsAlso reported by •The Next Web •Wall Street Journal
Recently, massive price gyrations between Bitcoin and Bitcoin Cash have given rise to the suggestion that Bitcoin Cash should be taken more seriously in the... The Cointelegraph - MarketsAlso reported by •The Merkle
It is safe to say things are getting out of control in the world of cryptocurrency. Especially when it comes to forking Bitcoin or any of its direct offspring,... The Merkle - MarketsAlso reported by •Profit Confidential