Bitcoin Prices Collapse Below $200 for First Time Since 2013

By January 14, 2015 Bitcoin Politics
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Bitcoin prices are collapsing almost as quickly as they originally skyrocketed. The average price of Bitcoin fell below $200 on Wednesday, continuing a months-long decline that has pushed prices back down to the lowest level since October 2013. The recent drop comes on the heels of the news that Bitstamp, a bitcoin exchange, reported that its wallets were compromised and had to temporarily shut down services. Bitcoin prices fell below $300 last week and continued to skid.

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