Bitcoin Price Continues to Fall, Breaks $200 Mark

The bitcoin price fell below the landmark $ 200 point at 07:24 (GMT) today, putting it back into territory not seen considering that late 2013.

Within 5 minutes of crossing that threshold it had actually plunged further to $ 185. Less than 15 minutes after that, it was up to $ 179.13.

The latter price is substantial as it lies just below 1,000 Chinese yuan, the currency associated with 65 % of bitcoin trades, potentially crossing a lesser-acknowledged psychological barrier.Continue reading at CoinDesk CoinDesk

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