AtlantisFXTV.com: Bitcoin crashes more than 20% to $890 after nearing all-time high

AtlantisFXTV.com Prices of web-based digital currency Bitcoin collapsed on Thursday, as a record-setting rally appeared to run out of steam. Bitcoin fell by more than 20% to as low as $890.00 on the New York-based itBit exchange at one point, before recovering to $978.40 by 8:40AM ET (13:40GMT), down around 14% on the day. Other big exchanges such as Bitfinex, Kraken and BitStamp also showed the cryptocurrency falling below $900 early Thursday, before bouncing back. According to the CoinDesk Bitcoin Price Index, which averages prices from the major exchanges, prices of the crypto-currency dropped 14.4%, to $967.26. Check out our website: Facebook: https:// Twitter: https://twitter.com/AtlantisFx Forex News European Stocks Business