Bitcoin price falls below $10,000 as lift from Facebook’s Libra fades

Cryptocurrency climbed to nearly $14,000 on news social network was launching rival

The price of bitcoin has fallen back below $10,000, down 30% from last week’s peak of nearly $14,000.

Continuing its wild ride, the digital currency dropped to $9,717 on Tuesday, down 8.1% on the day. Last Wednesday the cryptocurrency shot up to $13,879, breaking through the $12,000 and $13,000 levels in less than two hours.

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From our friends over at the : Business | The Guardian

 

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