Saturday, April 13, 2013

Bitcoin Trading Reopens, Promptly Plunges Another 35%!

After MtGox halted trading for 12 hours to allow the market to “cool down”, trading resumed at 10pm EST tonight.
Not surprisingly, the digital currency immediately plunged another 35% to $78 from $120 where it was when trading was halted earlier Thursday, before rebounding back above $100.

Bitcoin has now lost over 70% from Wednesday’s peak at $266:
bitcoing plunge

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