Bitcoin Price Continues to Fall, Breaks $200 Mark

Bitcoin Price Continues to Fall, Breaks $200 Mark

The bitcoin price fell below the landmark $200 point at 07:24 (GMT) today, putting it back into territory not seen since late 2013. Within five minutes of crossing that threshold it had plunged further to $185. Less than 15 minutes after that, it fell to $179.13. The latter price is significant as it lies just below 1,000 Chinese yuan, the currency involved in 65% of bitcoin trades, possibly crossing a lesser-acknowledged psychological barrier. At press time, the price had rebounded somewhat to $205.54. Gox-like prices. The last time the bitcoin price crossed the $200 line was in late....


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