Bitcoin crashes below $800 as China probes manipulation of exchanges

by | January 11, 2017 6:02 pm

Investors in increasingly popular Bitcoin felt the pain today as the price of the crypto-currency fell by 20 percent or over 1,200 Yuan in heavy trading in China, and down more than $100 to just under $800 a coin on comparable US markets. This follows China’s central bank saying it had launched “spot investigations” on…

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