Bitcoin value falls below $6,000 the lowest level since mid November

Bitcoin value falls below $6,000 the lowest level since mid November



Bitcoin value falls below $6,000 – the lowest level since mid-November. The digital currency fell as low as $5,920 on Tuesday – down 13% on the previous day – before recovering slightly, according to Bitstamp Exchange. Bitcoin surged in value during 2017, starting the year at around $900 and topping $20,000 in December. But it has since tumbled sharply, dipping below $8,000 on Friday amid worries about a global regulatory clampdown. In the UK, Theresa May has said Britain should take a serious look at digital currencies such as Bitcoin because of the way they can be used by criminals. Lloyds Banking Group and Virgin Money have banned customers from using credit cards to buy Bitcoin and other cryptocurrencies. Lloyds said it had taken action on fears that some credit card customers are gambling on making big profits and overlooking the fact they will be laden with debt if the price falls. World Business Current Affairs Financial Economy Global Markets Original Jedi Business Donations Welsome https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=DPK4PYVL8ZSZN

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