Share this article
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.
By Dan Ilett
Updated Sep 10, 2021, 10:43 a.m. Published May 3, 2013, 10:33 a.m.
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.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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
More For You
This article is created to test tags being added to image overlays
Dek: This article is created to test tags being added to image overlays
What to know:
- Ethena's USDe becomes fifth stablecoin to surpass $10 billion market cap in just 609 days, while Tether's dominance continues to slip.
Top Stories
