Quote from: polynesia on December 25, 2017, 06:53:56 PM

Bitcoin falls 30%, posts worst week since 2013

http://zeenews.india.com/international-business/bitcoin-falls-30-posts-worst-week-since-2013-2069054.html

Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble.

After falling to as low as $11,159, it recouped some losses to trade above $14,000 on the Bitstamp platform, down 9 percent on the day. It is down around 25 percent this week, its largest weekly loss since April 2013.

It capped a brutal week that had been touted as a new era of mainstream trading for the digital currency when bitcoin futures debuted on CME Group Inc, the world`s largest derivatives market on Sunday.

sit tight, we will get through this soon.