15 Jun '17, 2pm

Bitcoin tumbles, erases gains for June

Bitcoin tumbles, erases gains for June

Bitcoin slid to its lowest for the month on Thursday amid a broader sell-off in digital currencies. Bitcoin briefly dropped more than 12 percent to $2,185.96 Thursday, its lowest since May 31 when it hit a low of $2,162.23, according to CoinDesk. The digital currency recovered to near $2,366 early Thursday afternoon, little changed for June. "Many investors seem to be using the very recent rally as an opportunity to take some profits while they evaluate the market after the largest spike in price, volume and interest that we have ever seen," said Alex Sunnarborg, research analyst at CoinDesk. The move highlights the volatile swings by digital currencies — bitcoin remains more than 100 percent higher year to date. Meanwhile, the global market value of digital currencies fell from a record of $117.21 billion on Monday to below $100 billion Thursday, according to CoinMarketCa...

Full article: http://www.cnbc.com/2017/06/15/bitcoin-tumbles-12-percent...

Tweets

Bitcoin tumbles the most in more than two years

bloomberg.com 15 Jun '17, 3pm

Bitcoin sank as much as 19 percent, putting the digital currency on pace for its worst week since January 2015, as volatil...

Bitcoin tumbles the most in more than 2 years a...

bloomberg.com 15 Jun '17, 3pm

Bitcoin sank as much as 19 percent, putting the digital currency on pace for its worst week since January 2015, as volatil...

Bitcoin Tumbles Most in More Than Two Years Aft...

bloomberg.com 15 Jun '17, 3pm

Bitcoin sank as much as 19 percent, putting the digital currency on pace for its worst week since January 2015, as volatil...

Investors are grappling anew with the possibili...

blogs.wsj.com 15 Jun '17, 8pm

Hey, it’s not like nobody could see this coming. The parabolic gains in bitcoin and digital currencies this spring have re...

Bitcoin

Bitcoin

newsbtc.com 18 Jun '17, 5am

Bitcoin price after a strong correction found support at $2040 against the US Dollar, and started a recovery. There is a m...

Bitcoin has lost about $10 billion in market value since the start of the week:

Bitcoin has lost about $10 billion in market va...

marketwatch.com 15 Jun '17, 11pm

Other digital currencies have been under siege as well. Ethereum, and its currency known as ether, threatening to overtake...

Is The People's Bank Of China Manipulating The Bitcoin Price?

Is The People's Bank Of China Manipulating The ...

zerohedge.com 16 Jun '17, 2am

“So why has the Chinese regime been targeting bitcoin other than it being a democratic currency? There are a few reasons. ...

SE Asia Stocks-Philippines climbs on gains in p...

reuters.com 15 Jun '17, 12pm

By Nicole Pinto June 15 Philippine shares rose on Thursday, driven by gains in real estate stocks, while Singapore was hea...

In relief rally, bitcoin jumps more than 20% from June low

In relief rally, bitcoin jumps more than 20% fr...

cnbc.com 17 Jun '17, 5pm

Bitcoin quickly bounced back from the lows of June, amid improved sentiment about the future of the digital currency. Bitc...

Bitcoin is tumbling

Bitcoin is tumbling

businessinsider.de 15 Jun '17, 11am

Markets Insider Bitcoin is plunging on Thursday. The cryptocurrency trades down 5.1% at $2,354 a coin, its lowest since th...