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Bitcoin Is Having A Brutal Day

The price of one bitcoin traded as low as $2,115.85 on Thursday before recovering some of the day’s losses and trading above $2,350. Nevertheless, the digital currency is still lower by more than 8 percent compared to Wednesday’s close, demonstrating just how volatile the market for bitcoin can be.

As a whole, the combined global value of digital currencies were trading below $100 billion on Thursday, CNBC reported. By comparison, the global market value of digital currencies hit a record of …

Full story available on Benzinga.com