Bitcoin, the world's known cryptocurrency, fell seven per cent on weekday to a recent two-and-a-half months low of $7,599 on back of growing worries a couple of restrictive restriction and bans on the acquisition of the digital coins.
The price of Bitcoin on the Luxembourg-based Bitstamp exchange has currently fallen by over 0.5 from a peak of just about $20,000 hit in Dec. Last week it suffered its worst weekly performance since 2013.
The price of Bitcoin on the Luxembourg-based Bit stamp exchange has currently fallen by over 0.5 from a peak of just about $20,000 hit in Dec. Last week it suffered its worst weekly performance since 2013.
It joined North American country banking giants JPMorgan Chase & Co and Citigroup UN agency proclaimed similar bans on considerations the lenders might be command liable once the volatile currencies plunge in price.