Article 3DGVA Bitcoin continues rapid slide as Russia and China stoke regulatory fears

Bitcoin continues rapid slide as Russia and China stoke regulatory fears

by
Samuel Gibbs
from Technology | The Guardian on (#3DGVA)

Bitcoin dropped a further $2,000 in value, leading the general slide across cryptocurrency markets as investor confidence waivers

Cryptocurrencies continued their sharp tumble on Wednesday as bitcoin dropped by over 16% as continued fears of regulation from Russia and China dent investor confidence.

The price of the world's biggest and best known cryptocurrency fell $2,000 to as low as $10,000, on the Luxembourg-based Bitstamp exchange, for the first time since November, and down from lows of $11,200 on Monday and $12,000 at 2pm GMT Tuesday.

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