Bitcoin wobbles as traders turn to other cryptocurrencies amid uncertain futuresteemCreated with Sketch.

in bitcoin •  8 years ago 

"From Friday morning until Monday afternoon, bitcoin was trading under the $1,000 level, and even fell beneath $900 on Saturday."

"This is significant as, barring the weekend of March 18 and 19, bitcoin has traded above $1,000 since early February and hit a fresh all-time high of around $1,325 on March 10."

"Bitcoin is currently back above the $1,000 handle, but is well off these recent highs, wiping billions off of its market cap value."

"There are several causes for the recent volatility: Chinese regulators cracked down on bitcoin exchanges,....... Bitcoin faces a scaling issue"

READ MORE HERE----------> http://www.cnbc.com/2017/03/27/bitcoin-wobbles-as-traders-turn-to-other-cryptocurrencies-amid-uncertain-future.html

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