3 ms·
Uh. FTFA: > Prices on BTC China, the country's biggest Bitcoin trading platform -- which had stood at more than 7,000 yuan (around $1,100) each -- plunged by m
by Aloisius 13y ago
Uh. FTFA:
> Prices on BTC China, the country's biggest Bitcoin trading platform -- which had stood at more than 7,000 yuan (around $1,100) each -- plunged by more than a third to an intra-day low of 4,523.12 yuan.
A 33% reduction in value is a dive. It may be constrained to the yuan, to China, to the particular exchange or just the crazy fluctuations of bitcoin, but it is still a dive no matter how you slice it.
- ye 13y agoThat's in China though, due to the new laws. Everywhere else the dive was much smaller, and it's already recovering.