Bitcoin’s Fall Below $300 Concerns Investors

Less than a year ago, the price of virtual currency Bitcoin peaked at $1,242 (£777) per coin. According to Coindesk, Bitcoin traded at as low as $290 on Sunday, and its market cap is down to $4bn (£2.5bn) – from a peak of $13.9bn (£8.7bn) in December 2013. The virtual currency – which is 'mined' using computers solving increasingly complex algorithms – has been plagued by price volatility since …

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