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Bitcoin: Cryptocurrency bubble rises again after pre-Christmas rout

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Bitcoin now worth $15,000 after losing more than 30% of its value in one day and sinking as low as $12,000. Bitcoin bounced back above $15,000 on Boxing Day, recovering some of the ground lost in a pre-Christmas rout that pushed its price down below $12,000.  Bitcoin, the world’s biggest and best-known cryptocurrency, lost more … Read more

This is fear and greed – bitcoin bull on price rout

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‘This is fear and greed,’ says bitcoin bull on price rout: In the latest development, bitcoin fell on Friday because “everybody’s panicking,” but volatility in this market is actually quite normal, bitcoin bull Brian Kelly told CNBC on Friday. The digital currency briefly dipped below $11,000 on Friday, down 44 percent from a record high … Read more