Friday, May 26, 2017

Bitcoin Price Rebounds to Near $2,640 Following Yesterday's Losses

Bitcoin Price Rebounds to Near $2,640 Following Yesterday

The price of bitcoin has rebounded after a notable fall yesterday that saw the digital currency lose over $400 to a low of around $2,352.

Today's resurgence sees the price back up at £2,626 at the time of reporting, having hit a high of almost $2640 at 8:57 UTC, CoinDesk Bitcoin Price Index data shows.

Most major cryptocurrencies have been on an upwards trajectory in recent months, with bitcoin hitting new all-time highs in quick succession. On 25th May, bitcoin reached a record value of almost $2,790 prior to the drop yesterday, when some other cryptocurrencies also saw notable losses.

Full story at http://bit.ly/2s2uh3R

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