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Bitcoin price dips

The value of Bitcoins is down almost a third on yesterday’s exchange values. Since then rates have recovered slightly but remain extremely volatile.

Mise à jour 10 sept. 2021, 10:43 a.m. Publié 3 mai 2013, 10:33 a.m. Traduit par IA

http://bitcoincharts.com/charts/mtgoxUSD#rg10ztgCzm1g10zm2g25zv

The value of Bitcoins is down almost a third on yesterday’s exchange values.

Bitcoin dollar rates peaked yesterday morning at $125 per coin but this morning (UK time) are theoretically changing hands for $86. Volatility is more of a problem with Bitcoin because of the relatively long time it takes to change your money into, or out of, the currency.

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Bitcoin rates were relatively stable until ramping wildly, and dropping just as dramatically, in April. Exchange rates fell from $266 a coin to just over $86.

Since then rates have recovered slightly but remain extremely volatile.

Responsible exchanges include prominent warnings that Bitcoins aren’t an AAA investment.

Photo credit: Screen shot from Bitcoincharts.com

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