Markets Weekly: 2014 Closes on Bearish Note for Bitcoin

The bitcoin price has actually been in the doldrums in the last week, liquidating a month of relentless losses. It's now trading at the most affordable levels of the year.

Bitcoin opened the week at $ 330.67 and closed at $ 316.80, according to the CoinDesk Bitcoin Price Index. That stood for a loss of $ 13.87 in the bitcoin price over the last 7 days, or 4.2 %.

Over the week, the price struck a high of $ 335.88 on the 23rd December, only to be up to a low of $ 312.40 four days later on. That was a drop of some $ 23.

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