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Author Topic: [2015-01-06] Bitcoin's New Year Starts With a Crash  (Read 422 times)
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January 06, 2015, 04:04:20 AM

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.
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