Bitcoin plunges 15% in wild trading
Bitcoin
Singapore - Egypt Today
Bitcoin plunged as much as 15 percent to below $14,500 on profit-taking Friday, capping a roller-coaster week that saw the currency hit a series of record highs and underlining concerns about its volatility.
The virtual currency, which has no central bank backing and no legal exchange rate, briefly hit a new record of $17,000 before plunging to $14,480 in Asian afternoon trade, according to Bloomberg News.
It clawed back some ground and stood at $16,100 in later trading.
Created in 2009 as a bit of encrypted software, the digital money been used to buy everything from beer to pizza, and is increasingly accepted by major companies such as booking website Expedia.
- Tuesday ,28 November GMT 12:12 2017 Bitcoin hits new records, heads for $10,000 as bubble fears grow
GMT 14:27 2017 Tuesday ,19 December
Singapore issues cryptocurrency warningGMT 12:38 2017 Wednesday ,06 December
Bitcoin defies bubble fears and smashes $12,000GMT 15:40 2017 Wednesday ,29 November
Bubble or brave new world? Bitcoin breaks $10,000 barrierGMT 12:12 2017 Tuesday ,28 November
Bitcoin hits new records, heads for $10,000 as bubble fears growGMT 12:08 2017 Thursday ,23 November
Singapore growth beats forecasts as global trade improvesRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 09:23 2019 Friday ,30 August
Testing
GMT 09:34 2019 Monday ,19 August
Live a positive and important atmosphere
GMT 01:34 2014 Friday ,04 July
Egypt to join New York's museum exhibit
GMT 10:11 2019 Monday ,19 August
Resist your appetite and weakness
GMT 21:17 2014 Saturday ,25 January
Europe oil buyers return to Tehran to talk business
GMT 16:40 2017 Monday ,13 February
Muscat bourse edges down on weak sentimentGMT 10:32 2011 Friday ,14 October
Milan mayor hails Kuwait for festival successGMT 15:21 2011 Thursday ,23 June
Lost property is found art at new London show
GMT 08:10 2017 Saturday ,15 July
Attacker of 6 tourists in Hurghada arrested
GMT 13:38 2014 Thursday ,15 May
Why this Moroccan hotel takes the top spot for exceptional service
GMT 09:01 2017 Wednesday ,14 June
Two doctors attacked by patient’s relatives
GMT 10:38 2016 Saturday ,26 November
Denmark eye first World Cup, chased by USA
GMT 10:02 2017 Saturday ,22 July
Israel is dragging us into religious war: Palestinian govtGMT 11:35 2012 Sunday ,15 April
World\'s most incredible mountain viewsGMT 12:46 2012 Tuesday ,13 March
Mini guide to Great SingaporeGMT 11:16 2012 Thursday ,15 March
Dublin\'s Viking heritageGMT 11:28 2011 Thursday ,23 June
School hit by measles outbreak
GMT 02:58 2017 Friday ,13 January
Typeface designers create new Arabic fonts
GMT 09:38 2017 Friday ,18 August
In Lebanon, salt producers fear craft is drying up
GMT 10:10 2018 Monday ,08 January
One dead, one hurt in blast outside Stockholm area metro
GMT 16:54 2014 Saturday ,26 July
'Evil Dead' series in development with Bruce Campbell, Sam Raimi
GMT 08:01 2014 Saturday ,10 May
McCartney returns to Tokyo venue for first time since 1966GMT 11:22 2013 Tuesday ,29 January
Google unveils detailed North Korea map
GMT 19:39 2015 Wednesday ,11 November
Apple Music picks up beat on Android phones
GMT 09:04 2016 Saturday ,23 April
Google seeks to play down EU Android probe
GMT 06:21 2013 Thursday ,17 October
Assailants throw grenades at radio station in Puntland
GMT 07:50 2015 Sunday ,27 December
Cue Card pips Vautour in vintage King George VI Chase
GMT 19:52 2015 Sunday ,03 May
Realtors in Myanmar seek to build up property business network
GMT 07:35 2015 Monday ,28 December
Sri Lanka cricket stars sorry for Enrique concert chaos
GMT 09:48 2016 Monday ,11 January
Sri Lankan capital sues Enrique concert over 'unpaid taxes'GMT 00:55 2012 Tuesday ,21 February
Simpsons marks 500th episode, Assange guest stars
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor