Bitcoin prices fell as much as 8% on Thursday on Bitstamp online exchange to hit $9,000 exactly, marking a fall of well over $2,000 in under 24 hours. Photo: AFPLondon: Bitcoin slid to as low as $9,000 on Thursday, having lost more than a fifth of its value since hitting an all-time high of $11,395 on Wednesday. The cryptocurrency fell as much as 8% on Thursday on the Luxembourg-based Bitstamp exchange to hit $9,000 exactly, marking a fall of well over $2,000 in under 24 hours. It then edged back up to trade at around $9,200 a few minutes later, still down over 6% on the day. The fall tempers an astronomical rise for the cryptocurrency in recent months—bitcoin was up almost 1100% year-to-date on Wednesday.

Source: Mint November 30, 2017 14:15 UTC