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

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