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Bitcoin value plummets by 15% | Bitcoin value plummets by 15% |
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The value of bitcoin tumbled by nearly 15 per cent on Friday, down roughly 30 per cent from its record high of nearly $20,000(£14,950) set at the start of the week. | The value of bitcoin tumbled by nearly 15 per cent on Friday, down roughly 30 per cent from its record high of nearly $20,000(£14,950) set at the start of the week. |
The price of the digital currency fell as low as $12,504 on Friday morning, according to CoinDesk's Bitcoin Price Index. | The price of the digital currency fell as low as $12,504 on Friday morning, according to CoinDesk's Bitcoin Price Index. |
It has been a volatile month for the cryptocurrency which has surged in value since the start of the year. | |
Bitcoin hit a record high of $19,666 on Sunday in the lead up to exchange giant CME Group’s launch of its bitcoin futures and has since lost about a third of its value. | |
More follows | More follows |