The New York Times – 8/18/14: Bitcoin is showing signs of weakness, if only temporarily. On Monday, the price of Bitcoin dropped 12 percent, to $435.60 from $492.95, according to the virtual currency website CoinDesk, its lowest value since May and far below its peak of about $1,150 last year. Also on Monday, the price briefly plunged to $309 on BTC-e, an exchange with shadowy backing, although it may have been the result of a glitch and the price quickly recovered to where it was trading before.
Click here to read more: http://dealbook.nytimes.com/2014/08/18/bitcoins-price-sinks-but-causes-little-alarm-among-traders/?_php=true&_type=blogs&_r=0
Subscribe to the comments for this post?
Share this on Facebook
Share this on LinkedIn
Email this to a friend?
Share this on del.icio.us
Add this to Google Reader
Share this on Technorati
Seed this on Newsvine
Share this on Blinklist
Share this on FriendFeed
Add this to Google Bookmarks
Post on Google Buzz
Post this to MySpace
Share this on Plaxo
Submit this story to Propeller
Add to a lense on Squidoo
Stumble upon something good? Share it on StumbleUpon
Share this on Tumblr
Buzz up!