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The Financial Express

Bitcoin falls more than 10pc on Bitstamp


A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. Reuters/Files A collection of Bitcoin (virtual currency) tokens are displayed in this picture illustration taken December 8, 2017. Reuters/Files

The price of bitcoin fell more than 10 per cent on Wednesday to as low as $15,800 at a cryptocurrency exchange Bitstamp.

It has since pared some of the losses and is down about 7 per cent in early trade. The digital currency has been sliding since it had hit a record high of $19,666 on Sunday.

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