Todays bitcoin news just out.
"After a hype-filled week for cryptocurrencies, Bitcoin experienced a flash crash over the weekend, plunging nearly 14 per cent in less than an hour, from about US $59,000 to $51,000, on Saturday night before rebounding.Other popular cryptocurrencies including ethereum and Dogecoin also fell dramatically, before recouping some of their losses.Bitcoin has skyrocketed in value this year as it gained more mainstream acceptance, but the sharp price fall this weekend seems to have been triggered by an unconfirmed Twitter rumor that the US Treasury was planning to crack down on money laundering schemes involving cryptocurrencies."
"Dogecoin" is aptly named. In my view Bitcoin is a dodgey coin.
