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 Bitcoin whipsaws investors as 'mother of all bubbles' shows signs of bursting

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PostSubject: Bitcoin whipsaws investors as 'mother of all bubbles' shows signs of bursting   Sun Feb 04, 2018 7:43 pm

Bitcoin whipsawed investors, falling below $US8,000 for the first time since November before recovering most of Friday's losses, as a miserable 2018 continued for cryptocurrencies, with investors confronting a mounting list of concerns about the future of the industry.



Since reaching a record high of $US19,511 on December 18 shortly after the introduction of regulated futures contracts in the US, Bitcoin has wiped out more than half its value amid waves of negative news.

http://www.smh.com.au/business/bitcoin-whipsaws-investors-as-mother-of-all-bubbles-shows-sings-of-bursting-20180202-h0t246.html
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