Why Bitcoin Prices Plunged This Week

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Bitcoin prices took a sizable dip following several positive weeks.

BitcoinThe cryptocurrency fell from its June 17 price of $774.94 to around $590 during the day Thursday. Fears over Great Britain leaving the European Union put a dent on Bitcoin.

Additionally, a major exchange of the currency was down for a few hours due to network issues. Bitfinex fixed the issue later that same day.

Preceding this slide, the Bitcoin surge that rose it to its highest levels since 2013 took place due to a decline in availability that left miners with limited supplies.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/06/bitcoin-prices-2/.

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