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236T568

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236T568

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Friday, 09/08/2017 12:39:59 PM

Friday, September 08, 2017 12:39:59 PM

Post# of 1815
Bitcoin drops after report China to shutter digital currency exchanges

Reuters Staff SEPTEMBER 8, 2017 / 3:45 PM / UPDATED 17 MINUTES AGO

https://www.reuters.com/article/us-bitcoin-china/bitcoin-drops-after-report-china-to-shutter-digital-currency-exchanges-idUSKCN1BJ1US

NEW YORK (Reuters) - Bitcoin fell sharply on Friday after a report from local news media Caixin said China is planning to shut local bitcoin exchanges.

Bitcoin dropped to a low of $4,227 BTC=BTSP on the BitStamp platform and last traded at $4,334.97, down 6.1 percent. It hit a record high of nearly $5,000 on Sept. 2.

Reporting by Gertrude Chavez-Dreyfuss and Angela Moon; Editing by Chizu Nomiyama
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