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After hitting a record US$124,457 (AU$191,423) on Thursday, Bitcoin tumbled early Friday to US$117,477 (AU$180,693), according to CoinMarketCap data – a 5% drop in just a few hours. The largest cryptocurrency later pared losses, trading at US$119,226 (AU$183,384), still up 2% on the week. The pullback coincided with an interview on CNBC in which US […]
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Bitcoin Slips Below $120K After US Treasury Rules Out Further Purchases
After hitting a record US$124,457 (AU$191,423) on Thursday, Bitcoin tumbled early Friday to US$117,477 (AU$180,693), according to CoinMarketCap data – a 5% drop in just a few hours. The largest cryptocurrency later pared losses, trading at US$119,226 (AU$183,384), still up 2% on the week. The pullback coincided with an interview on CNBC in which US