Bitcoin Price Falls Beyond $550, Recovers

Bitcoin Price Falls Beyond $550, Recovers

Bitcoin price plunged over $100 today, dropping to a low of $546.84 on the Bitstamp Price Index (BPI). Following weeks of a surging rally that scaled to two-year highs, bitcoin price fell $100 today in a week that saw prominent bitcoin exchange Bitfinex suffer outages. The result for the EU referendum will also be revealed Friday morning UCT, with some observers pointing to the decreasing fear of a Brexit also dissuading investors from electing bitcoin as their choice store of value. The Bitstamp Price Index struck a low of $546.84 in the early hours of Thursday morning. Less than 10 hours....


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