Bitcoin’s market value has dropped to about $170 billion from a peak north of $310 billion. It has fallen from a record $19,511 reached 18 December, and seen more than $140 billion shaved off its market value. The most recent signs of a regulatory clampdown have come out of Asia, a hotbed of bitcoin trading. Bitcoin’s market value has dropped to about $170 billion from a peak north of $310 billion. Commodity Futures Trading Commission agreed to allow trading in bitcoin futures.
Source: Mint January 17, 2018 11:52 UTC