flash crash: Its price remains well up from the start of the year, when it was trading at below 4,000, but is now worth half as much as it was in June, according to The Independent. Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now Friday's flash crash was attributed to current market uncertainty that has forced some investors to reassess their holdings in cryptocurrency assets. The latest dip in value took bitcoin below 7,000 5,400 wiping nearly 20 billion from its overall market capitalisation since this time last week. Such uncertainty has been fuelled by recent developments in China, where authorities are undertaking a fresh crackdown on unauthorised cryptocurrency exchanges in the country. Bitcoin's volatile history in pictures Show all 8 Created with Sketch. Created with Sketch.
(news.financializer.com). As
reported in the news.
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