Bitcoin price - latest updates: Cryptocurrency value continues to rise, shaking off market crash
The value of the digital currency has shifted wildly over recent weeks. This article is being regularly updated with the latest changes
Aatif Sulleyman Thursday 15 February 2018
The value of bitcoin plunged last month, amid fears that trading was about to be banned in South Korea. It then stabilised briefly, before plummeting again.
The volatile cryptocurrency hit a record high when it passed $19,850 in mid-December, and its value has shifted unpredictably ever since, with frequent wild drops and recoveries.
The rapid drops are partly the result of continuing fears about regulation, as well as anxiety provoked by a series of high-profile thefts.
Its value tumbled spectacularly at the start of February, falling from $10,000 to $6,000 in four days. However, it now appears to be recovering, albeit very slowly.
It is worth $9,855 as of Thursday afternoon UK time, according to the Coinbase exchange.
