Bitcoin price plunge sparks new crash fears

Companies that borrowed real money to buy servers for mining the cryptocurrency may be selling reserves to repay loansThe price of one bitcoin has plunged by more than a quarter in just two days, prompting fears that the currency is in the midst of its fourth major crash.On Tuesday morning, the currency was being traded at $267 a coin on Bitstamp, the largest individual exchange. However, by late Wednesday afternoon that had collapsed to just $195 - a fall of 27%. Continue reading...