Bitcoin price crash: Cryptocurrency drops below $200 mark in 25% tumble over 24 hours

By January 14, 2015Bitcoin Business

Bitcoin has hit its lowest level since November 2013 (Reuters) Bitcoin has lost a quarter of its value in the space of 24 hours, as the world’s most valuable cryptocurrency falls below $200 (£132, €170) for the first time since November 2013.

The price crash has been driven by an increasing amount of sell orders at major exchanges that began at the start of this week when the price of bitcoin first began to tumble.

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