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Bitcoin Price Volatility Is Back as $400 Comes and Goes Today
After taking most of 2015 off, Bitcoin price volatility has stormed back.
According to the CoinDesk Bitcoin Price Index, the last day of trading has seen a low of $355.81 and a high of $416.62 - a Bitcoin price level last seen nearly a year ago.
Just 45 minutes after hitting that high, the price of Bitcoin had fallen $39, a 9.38% drop.
Here's why the price of Bitcoin has suddenly taken flight...
After taking most of 2015 off, Bitcoin price volatility has stormed back.
According to the CoinDesk Bitcoin Price Index, the last day of trading has seen a low of $355.81 and a high of $416.62 - a Bitcoin price level last seen nearly a year ago.
Just 45 minutes after hitting that high, the price of Bitcoin had fallen $39, a 9.38% drop.
Here's why the price of Bitcoin has suddenly taken flight...