Today's Hard|Forum Post
Today's Hard|Forum Post

Friday April 11, 2014

Bitcoin Prices Continue To Plummet

More bad news for bitcoin. Could bitcoin be bottoming out?

The price correction was driven by news from China, as it often has been. Fresh rumors of a government crackdown on the currency in the country, which could blunt demand and adoption, and therefore impair its value, sent the price of bitcoin down a quick 10 percent. It has since continued to slip.