Bitcoin claws back over $1,000 after losing almost a third of value

Bitcoin claws back over $1,000 after losing almost a third of value

LONDON (Reuters) – Bitcoin surged on Monday, recovering more than $1,000 after losing almost a third of its value in less than four days as traders bought back into the volatile cryptocurrency. Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration Bitcoin tumbled in the second half of last week, falling as low as $5,555 on the Luxembourg-based Bitstamp exchange on Sunday, a slide of almost 30 percent from a record high just shy of $7,900 on Wednesday.. It rebounded on Monday, trading up more than 14 percent on […]

Leave a Reply