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Bitcoin falls below $5,000
Source: BBC
Bitcoin falls below $5,000
19 November 2018
The value of Bitcoin has fallen below $5,000 (£3,889) for the first time since October 2017.
The fall brought the total value of all Bitcoin in existence to below $87bn.
On Thursday, 15 November, Bitcoin Cash - an offshoot of Bitcoin - split into two different crypto-currencies, which are now in competition with each other.
And some observers have blamed this for creating turmoil in the crypto-currency markets, with many of the digital assets experiencing falls.
Bitcoin exchange Kraken said in a blog post that it regarded one of the two new Bitcoin Cash crypto-currencies - Bitcoin SV - as "an extremely risky investment".
-snip-
19 November 2018
The value of Bitcoin has fallen below $5,000 (£3,889) for the first time since October 2017.
The fall brought the total value of all Bitcoin in existence to below $87bn.
On Thursday, 15 November, Bitcoin Cash - an offshoot of Bitcoin - split into two different crypto-currencies, which are now in competition with each other.
And some observers have blamed this for creating turmoil in the crypto-currency markets, with many of the digital assets experiencing falls.
Bitcoin exchange Kraken said in a blog post that it regarded one of the two new Bitcoin Cash crypto-currencies - Bitcoin SV - as "an extremely risky investment".
-snip-
Read more: https://www.bbc.com/news/technology-46263998