Bitcoin nearly hits $3,000 before plunging

Bitcoin’s wild ride is continuing on Monday. The cryptocurrency climbed to a lifetime high of $ 2,999.97 a coin in overnight action, but it has seen a sharp drop from its highs. It’s now trading down by $ 286, or 9.7%, at $ 2,666 a coin. Monday’s action comes without any real catalyst, as trade appears to be fueled by buying in Asia. Recently, China’s three largest bitcoin exchanges lifted their ban on clients’ withdrawals.…

"Bitcoin nearly hits $3,000 before plunging"