Bitcoin’s wild ride continues as the cryptocurrency took an abrupt fall in trading above $17,000 to hit a ‘low’ of $14,106.
Bitcoin price has had its biggest fall in dollar valuation yet, losing over $3,000 from it’s high of $17,203.45 during the early hours of Friday (UTC) down to $14,106.32, global average markets’ data shows. The 17% drop, while steep, falls short of the 20% decline in bitcoin prices on November 30 – a day after bitcoin price hit $10,000. 3
At press time, bitcoin is trading back above $15,500.