Monday, December 29, 2014

Markets Weekly: 2014 Closes on Bearish Note for Bitcoin


The bitcoin price has been in the doldrums in the last week, closing out a month of persistent losses. It's now trading at the lowest levels of the year.


Bitcoin opened the week at $330.67 and closed at $316.80, according to the Bitcoin News Bitcoin Price Index. That represented a loss of $13.87 in the bitcoin price over the last seven days, or 4.2%.


Over the week, the price hit a high of $335.88 on the 23rd December, only to fall to a low of $312.40 four days later. That was a drop of some $23.



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