Bitcoin plunged 25% minutes within 20 minutes breaking 200 mark

 

Bitcoin plunged 25% minutes within 20 minutes breaking 200 mark

lead: yesterday, bitcoin reproduction process thriller straight down 20 minutes, fell 25%, and had been maintained below the $200 mark, which also makes bitcoin prices reach 15 months since the lowest price.

once all-powerful bitcoin now stumble endlessly. Yesterday, bitcoin reproduction process thriller straight down 20 minutes, fell 25%, and had been maintained below the $200 mark, which also makes bitcoin prices reach 15 months since the lowest price.

 

bitcoin had been very stable trend, and hovering around $270 in the position, but from January 13th began to fall. Around half past three yesterday, bitcoin prices suddenly fell from $204.76 in the position of the sharp fall to $152.4, down more than 25%. But then, bitcoin gradually rising, as of press time reporter, bitcoin highest return to $211.88, eventually hovering around $205. At the same time, the Chinese bitcoin market has also undergone severe fluctuations, bitcoin prices fell below the thousand yuan.

entered the new year just two weeks, bitcoin prices fell from $320 to $152.4 yesterday, the lowest of $52.4%, down by as much as close to last year's total decline of 54%. It is therefore, bitcoin has been the United States well-known magazine Money Week as the worst investment in 2014 list of the first. There are also views that, in 2015, the bitcoin market is a failure of the year.

however, bitcoin trading platform fire currency network Du Du said bitcoin price instability, the industry is in the early stages of development. Bitcoin prices are affected by many factors, its volatility is in line with the laws of the market. Prices for bitcoin investors, it is very important. But for bitcoin development, the outside world is too concerned about the price of bitcoin, in fact, weaken the value of bitcoin.

November 2013, bitcoin once at breakneck speed from $more than and 200 up to more than 1 thousand. In December 5th, the central bank and other five ministries issued "about bitcoin risk prevention notice", do not recognize bitcoin currency status. Subsequently, bitcoin prices began to decline rapidly.

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