11 Apr '13, 10pm

Following Mt. Gox trading halt, Bitcoin collapses under the $100 mark by @epro

Here we go again. Following yesterday’s Bitcoin crash , the top exchange for the digital currency Mt. Gox decided to temporarily halt trading. The result? Bitcoin is hitting new lows. Since Mt. Gox is currently closed for business, we can’t use its figures (the last trade was for a value $124.90). We thus have to turn to other sites, such as Bitcoinity , which tracks other exchanges (the below image is specifically for btce): At the time of writing, we’re seeing prices of about $65. For the sake of comparison, Bitcoin hit a high of $266 yesterday (its highest yet) before tumbling down to $150 and hitting a low of about $130. Now, with Mt. Gox out of the picture, prices on different exchanges are all below $100. Here are a few of the most recent trades from Bitcoin Watch : btceUSD – 63.0000 bitstampUSD – 61.4900 bitfloorUSD – 68.9900 cbxUSD – 64.0000 btc24USD – 65.0000 vcxU...

Full article: http://thenextweb.com/insider/2013/04/12/following-mt-gox...

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