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Bitcoin Is Crashing (businessinsider.com)

Posted by msmash on from the what's-happening dept.

An anonymous reader writes: Bitcoin is getting smashed. The cryptocurrency was down 18% to about $892 per coin as of 8:17 a.m. ET on Thursday. It is the biggest drop in two years. Earlier this week, on its first trading day of the new year, Bitcoin crossed above the $1,000 mark for the first time since 2013, but it has now tumbled below that level.

2 of 296 comments (clear)

  1. Previous article by buchner.johannes · · Score: 5, Insightful

    https://news.slashdot.org/stor...
    Probably a lot of people took the news of a 1000$ high as a chance to sell now?

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    NB: The message above might reflect my opinion right now, but not necessarily tomorrow or next year.
  2. Re:Rebounding already by MightyYar · · Score: 5, Funny

    Wait, it's back at $950, so the comment is back in date.

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    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.