In January Bitcoin saw $44.2bn wiped off the $200bn market value generated last year, the largest monthly loss in dollar terms seen so far since the creation of cryptocurrencies, Bloomberg reports.
Bitcoin reached a peak of almost $20,000 in early December after the introduction of futures contracts on regulated exchanges in the US, but the cryptocurrency and other virtual currencies have suffered from a change in sentiment this year. The 30% drop in Bitcoin comes as the US derivatives regulator called for exchanges listing new futures on virtual currencies to be required to prove they have consulted brokers and trading firms first in a bid to calm brokers, the FT reports. Carney warns of global clampdown on Bitcoin The launch of Bitcoin futures at exchange companies Cboe...
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