After Reaching A Record High Above $900, Bitcoin Crashes

 
on November 19 2013 9:05 AM

Bitcoin investors are getting their money’s worth of excitement.

After breaking $900 for the first time Tuesday, the cryptocurrency began a spectacular downward spiral. MarketWatch reported that the currency reached a low of $502 Tuesday morning before rebounding. 

At 9:18 a.m. EST, bitcoin had risen back to $602, according to Mt. Gox, the world’s largest bitcoin exchange. 

 

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