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Bitcoin review: It was a bad week for cryptocurrencies

bizjournals Friday, 15 June 2018
Cryptocurrencies had their worst week since March. The week was chock full of negative news: A South Korean heist tanks the value of bitcoin A University of Texas study suggests artificial demand drove up the price of coins And Stephen Bannon says he is investing in bitcoin because "it takes control back from central authorities." Peruse the top news stories below for more of this week's coverage: Sunday, June 10: Bitcoin crashes after a small crypto exchange in South Korea reported a hack on…
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Source: Wochit Business - < > Embed
News video: Bitcoin Hits Lowest Level Of The Year

▶ Bitcoin Hits Lowest Level Of The Year 00:39

According to a report by Markets Insider, Bitcoin hit its lowest level of the year on Friday morning, trading down 8.6 percent at 6,144 dollars as all major cryptocurrencies slipped. Data from CoinMarketCap shows that the entire crypto market has shed half of its value since the beginning of the...

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