Bitcoin 20% drop shows investor risk from volatility

by | September 6, 2017 2:00 am

Bitcoin price, which set an all-time high of over $5,000 over the weekend, fell 20 percent as investors sold off investments, following China’s new ruling on initial coin offering (ICO). Analysts told BusinessDay that the crash could be a result of weakening appetite on the part of equity holders of the digital currency. “If you…

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