Bitcoin’s wild price ride

Bitcoin has lost more than 50 percent of its value since mid-December, sliding amid escalating regulatory threats, international banks blocking crypto purchases, and fears of fraud and hacking

Bitcoin price (US$) 

*Chicago Board Options Exchange. 

†Chicago Mercantile Exchange

Dec 10: CBOE*  starts trading bitcoin futures $15,036.96
Dec 16 $19,343.04
Dec 17: CME† opens up bitcoin futures $19,086.64
Jan 6 $17,135.84
Jan 26: Japanese cryptocurrency exchange Coincheck is hacked – $534.8 million in XEM coins stolen
Feb 2: U.S. banking giants J.P. Morgan Chase, Bank of America and Citigroup ban customers from buying cryptocurrencies using credit cards
Feb 5: China blocks all foreign cryptocurrency sites
Feb 7 $8,121.93

20,000 
15,000 
10,000
5,000
0        DEC 2017 JAN 2018 FEB


Sources: Coindesk.com/price, Popular Science




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