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Topic: [2017-06-12] Bitcoin Drops $300 in One Hour as Price Falls Abruptly and Rebounds (Read 1776 times)

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The price of bitcoin may have just topped $3,000 for the first time, but that doesn't mean the digital asset is leaving its historical volatility behind.
At roughly 10:00 UTC this morning, bitcoin prices fell abruptly, dropping more than $300 in a span of minutes from $2,980 to a daily low of $2,650. The more than $300 decline came just hours after bitcoin climbed to a new high of $3,000 on the CoinDesk Bitcoin Price Index, a weighted average of prices across major exchanges.
http://www.coindesk.com/bitcoin-drops-300-one-hour-price-falls-abruptly-rebounds/
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