New Post has been published on Bitcoin:Views
The Most Important Bitcoin Developments This Week: January 17, 2015
17 January 2015 | Hal M. Bundrick | insidebitcoins.com
NEW YORK (InsideBitcoins) — The price of bitcoin captivated and concerned the cryptocurrency community this week as it fell to its lowest level since October 2013, plummeting into the $170s. The dramatic losses garnered major media attention. Bitcoin closed on January 9th at $291.82; seven days later it closed at $206.96, according to the Windex composite – nearly a 30% loss.
Bitcoin began the early morning hours of this weekend once again testing the sub-$200 range, just after 7 a.m. New York time Saturday, according to the Inside Bitcoins Price Tracker.
bitcoincharts.com
Bitcoin is down -37% so far this year, according to the average BTCIndex produced by bigterminal.com.
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