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Cryptocurrency price LIVE – Bitcoin slump brings Coinbase down as largest crypto coin suffers worst week in months

Cryptocurrency price LIVE – Bitcoin slump brings Coinbase down as largest crypto coin suffers worst week in months

BITCOIN cryptocurrency token has fallen to a month’s low as traders begin to fear creditors of a collapsed crypto exchange might liquidate their payments. For the week, bitcoin is down 14%. It has gained over 90% this year. Profit concerns come after Tokyo plans to repay creditors of Mt Gox after losing half a billion dollars in Bitcoin, in 2014. “Selling pressure has been quite constant,” said Matthew Dibb, chief operating officer at Singapore-based crypto asset manager Stack Funds. Read our cryptocurrency live blog for the latest news and updates… Read Full Article