Bitcoin blew past its record and soared to $2,800 in just a few hours — and now it's plunging

The bitcoin rally looks like it's finally running out of steam.
The cryptocurrency blew past $2,500 and nearly touched $2,800 for the first time on Thursday, before giving all the gains back.
It hit a high of $2,799, up $360, before surrendering its gains. The cryptocurrency is now trading down 9.2% at $2,230 a coin. It has gained in 26 of the past 29 sessions, tacking on more than 107% over that time.
Bitcoin had climbed as much as 25% since Tuesday's close, propelled by news that the Digital