Bitcoin just dipped below $11,000. Where will it go next? Bitcoin just dipped below $11,000. Where will it go next?
11:00 AM ET Fri, 22 Dec 2017 | 00:44
Bitcoin and several other major cryptocurrencies plunged Thursday evening New York time as the end of an exponential year of growth neared.
The slashing decline triggered temporary, built-in trading halts in the bitcoin futures traded on the CME and Cboe.
Bitcoin plunged more than 20 percent to a low of $12,504 according to CoinDesk, down more than $3,000 from $15,820 less than 12 hours ago. The digital currency recovered slightly to $13,545, as of 4:09 a.m., ET, but was still down almost 13 percent for the session.
