by Alex Hern and Richard Partington on (#3EVP3)
US investigation into boom stokes fears of impending bust as cryptocurrency records steepest monthly slide in its historyBitcoin plummeted in value by more than $44bn (£30.9bn) in January, marking the steepest monthly fall in its short history.The slide extended further on Thursday after the Indian government said it would ban all cryptocurrency trading and Facebook announced a ban on digital currency adverts. Bitcoin fell by more than 10%, dropping below $9,000, marking a sharp reverse from its peak of almost $20,000 just before Christmas. Continue reading...