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Bitcoin's wild 2017 ride continues with a Christmas Day rebound after a record slide

December 25, 2017

Slow your roll, bitcoin.

The finicky cryptocurrency has skyrocketed in overall value throughout 2017, but its bumpy December continued in the run-up to Christmas. After posting an all-time high of $19,796 per bitcoin on Dec. 17, the price fell to $11,590 on Dec. 22, according to Coinbase data).

It was the steepest decline of the year, losing more than 40 percent of its peak value to date — a milestone reached just days earlier. The price has been creeping back up since then, and it continues to hover at around $14,000 as of Christmas Day, Dec. 25. Read more…

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Source: Mashable | Bitcoin's wild 2017 ride continues with a Christmas Day rebound after a record slide

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