Bitcoin Price Falls Below $200, Hits Six-Month Low

Bitcoin Price Falls Below $200, Hits Six-Month Low

The price of bitcoin fell below $200 today for the first time since 18th January. The plunge saw an average low of $198.23, according to the CoinDesk Bitcoin Price Index (BPI), with the largest decline taking place on BTC-e, which saw a low of $192. The price has since recovered from those lows to roughly $203 at press time, though prices in some markets, including BTC-e, remain below $200. According to data from the CoinDesk BPI, the $198 figure is the lowest average price low in the last six months, excluding instances of single-day volatility on individual bitcoin exchanges. The move....

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