Cryptocurrency Investors Worry, Wait After Bitcoin Price Drop
There are hundreds of digital currencies worldwide. The price of the largest, best known one just plummeted by 50 percent. Now, investors are watching for a boom — or a bust.
by Asia Simone Burns
Jan 18, 2018
3 minutes
Over the last month, in a series of volatile swings, the price of the cryptocurrency bitcoin rose to a record high — then plunged to less than half that value.
The abrupt changes have inspired comparisons to the dot-com bubble, and underscored the extremely speculative nature of investing in cryptocurrency.
By Wednesday, the price of bitcoin for the first time since Dec. 1, at one point dropping to on one exchange
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