Online currency bitcoin suffers worst sell-off so far this year

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Hit hard – Bitcoin and other so-called cryptocurrencies crashed 16 per cent in 24 hours
Hit hard – Bitcoin and other so-called cryptocurrencies crashed 16 per cent in 24 hours

Online currency bitcoin has suffered its worst sell-off so far. This year investors pulled more than £30 billion out of digital money.

Bitcoin and other so-called cryptocurrencies crashed 16 per cent in 24 hours as a wave of selling swept across the globe.

Investors were spooked after Goldman Sachs pushed back plans for a cryptocurrency trading desk.

A major exchange also said it would request more personal information from clients.

Source: Dailymail