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PR Newswire
11-02-2014, 11:09 AM
The starting of the doom for Bitcoin?
Bitcoin plunges after marketplace indefinitely halts withdrawals
SINGAPORE — The price of the digital currency bitcoin slid to its lowest level in nearly two months yesterday (Feb 10) after bitcoin digital marketplace Mt Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected “unusual activity”.
The bitcoin price varied dramatically from one exchange to another, with Tokyo-based Mt Gox, the best known operator of a bitcoin digital marketplace, recording one of the biggest drops for the day.
On the Mt Gox platform the currency plunged to as low as US$500 (S$640) early on Monday, down more than 27 per cent from Friday’s final price of US$692, according to the Mt Gox website. It last traded at US$595.74, off nearly 14 per cent from Friday.
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http://www.todayonline.com/business/bitc...ithdrawals
Bitcoin plunges after marketplace indefinitely halts withdrawals
SINGAPORE — The price of the digital currency bitcoin slid to its lowest level in nearly two months yesterday (Feb 10) after bitcoin digital marketplace Mt Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected “unusual activity”.
The bitcoin price varied dramatically from one exchange to another, with Tokyo-based Mt Gox, the best known operator of a bitcoin digital marketplace, recording one of the biggest drops for the day.
On the Mt Gox platform the currency plunged to as low as US$500 (S$640) early on Monday, down more than 27 per cent from Friday’s final price of US$692, according to the Mt Gox website. It last traded at US$595.74, off nearly 14 per cent from Friday.
...
http://www.todayonline.com/business/bitc...ithdrawals
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