25-11-2018 22:29 via theverge.com

Bitcoin has lost 40 percent of its value in the last two weeks

Bitcoin is in the middle of an astounding price drop, reaching prices as low as $3,520 in recent days and wiping out all gains from coins purchased this year. As of press time, the price was hovering around $3,900, a roughly 40 percent drop from two weeks ago. The result is the worst price drop since April 2013, refreshing old doubts about the soundness of bitcoin as an investment vehicle.
It’s a dramatic turn from 2017, when the value passed $15,000 in the beginning of December to peak j
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