Bitcoin Forum

Bitcoin => Press => Topic started by: zakoliverz on January 06, 2015, 04:04:20 AM



Title: [2015-01-06] Bitcoin's New Year Starts With a Crash
Post by: zakoliverz on January 06, 2015, 04:04:20 AM
http://www.coindesk.com/markets-weekly-bitcoins-new-year-starts-crash/

Bitcoin's price crashed over the New Year weekend, losing $51 over two days. According to the CoinDesk Bitcoin Price Index, the currency opened on Saturday at $314.59 and closed the following day at $263.63.

The plunging price got market watchers chattering as Sunday drew to a close. Unsurprisingly, a contingent of bitcoin watchers put a positive spin on the price crash, viewing it as a buying opportunity, albeit with a note of alarm.