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12-22-2017, 11:50 AM
Bitcoin price dives below $13,000, down 35% from last week's highs
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Well, it can't just go up all the time.*
After an incredible rally in the first part of December, which saw Bitcoin's price nearly double from $10,240 to $19,994, the popular cryptocurrency is losing value, fast.*
The price dropped by a quarter in the last 24 hours alone, and Bitcoin is currently trading at $12,874, according to CoinMarketCap (https://coinmarketcap.com/currencies/bitcoin/).
SEE ALSO: Here's what you need to know before you buy bitcoin (http://mashable.com/2017/12/20/things-to-know-if-you-want-to-buy-bitcoin/)
As it usually happens in the world of cryptocurrencies, most other coins are following suit: Ethereum is down 27.4 percent, Bitcoin Cash is down 36.3 percent, Ripple is down 6.2 percent and Litecoin is down 29 percent in the last 24 hours.* Read more... (http://mashable.com/2017/12/22/bitcoin-price-down-13000/)
More about Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Correction (http://mashable.com/category/correction/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrencies (http://mashable.com/category/cryptocurrencies/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Sharing Economy (http://mashable.com/category/sharing-economy/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/UZZ5Bva51xQ
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Well, it can't just go up all the time.*
After an incredible rally in the first part of December, which saw Bitcoin's price nearly double from $10,240 to $19,994, the popular cryptocurrency is losing value, fast.*
The price dropped by a quarter in the last 24 hours alone, and Bitcoin is currently trading at $12,874, according to CoinMarketCap (https://coinmarketcap.com/currencies/bitcoin/).
SEE ALSO: Here's what you need to know before you buy bitcoin (http://mashable.com/2017/12/20/things-to-know-if-you-want-to-buy-bitcoin/)
As it usually happens in the world of cryptocurrencies, most other coins are following suit: Ethereum is down 27.4 percent, Bitcoin Cash is down 36.3 percent, Ripple is down 6.2 percent and Litecoin is down 29 percent in the last 24 hours.* Read more... (http://mashable.com/2017/12/22/bitcoin-price-down-13000/)
More about Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Correction (http://mashable.com/category/correction/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrencies (http://mashable.com/category/cryptocurrencies/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Sharing Economy (http://mashable.com/category/sharing-economy/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/UZZ5Bva51xQ