BITCOIN had a price boost yesterday as the cryptocurrency hit its highest price for a week, passing the $9,000 mark, before it saw its value once again slump.
The online currency has had a torrid start to 2018 after it saw its price plunge from an all time high of nearly $20,000 in December 2017 to a low of less than $6,000 on February 6.I
However, the cryptocurrency began to show signs of a steady recovery over the last few days with its price climbing to more than $9,000 on Saturday morning, representing a 5 per cent rise in value over 24 hours.
However, any signs of a Bitcoin recovery were quickly quashed as the digital money then saw its price once again drop.