Bitcoin has seen a stellar rally as prices more than doubled after passing US$20,000 for the first time in December, surpassing US$30,000 in early January before peaking at about US$42,000. Photo: Shutterstock Bitcoin has seen a stellar rally as prices more than doubled after passing US$20,000 for the first time in December, surpassing US$30,000 in early January before peaking at about US$42,000. Photo: Shutterstock
Bitcoin has seen a stellar rally as prices more than doubled after passing US$20,000 for the first time in December, surpassing US$30,000 in early January before peaking at about US$42,000. Photo: Shutterstock
Bitcoin
Business /  Money

Bitcoin plunge below US$30,000 has newbies scrambling to google double-spend for answers

  • Bitcoin drops, extending an almost 11 per cent plunge on Thursday as traders search for answers to volatile prices
  • Other cryptocurrencies also sold off on Thursday, with the Bloomberg Galaxy Crypto Index losing as much as 10 per cent

Topic |   Bitcoin
Bloomberg
Bloomberg

Updated: 12:09pm, 22 Jan, 2021

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Bitcoin has seen a stellar rally as prices more than doubled after passing US$20,000 for the first time in December, surpassing US$30,000 in early January before peaking at about US$42,000. Photo: Shutterstock Bitcoin has seen a stellar rally as prices more than doubled after passing US$20,000 for the first time in December, surpassing US$30,000 in early January before peaking at about US$42,000. Photo: Shutterstock
Bitcoin has seen a stellar rally as prices more than doubled after passing US$20,000 for the first time in December, surpassing US$30,000 in early January before peaking at about US$42,000. Photo: Shutterstock
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