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April 27, 2014 11:07 pm GMT
Bitcoin, which has recently traded under $400 and over $500, shed more than 10% of its value over the past few days, falling from around $500 to under $440, before recovering slightly. As has happened many times in recent months when it comes to Bitcoin price swings, this downturn is based in news from China. This time around,BTC China has decided to stop accepting local-currency deposits… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DcwvMAxjw1E/
Bitcoin Slips Following News Of Fresh Restrictions In China
Bitcoin, which has recently traded under $400 and over $500, shed more than 10% of its value over the past few days, falling from around $500 to under $440, before recovering slightly. As has happened many times in recent months when it comes to Bitcoin price swings, this downturn is based in news from China. This time around,BTC China has decided to stop accepting local-currency deposits… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/DcwvMAxjw1E/
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