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"
In a year when whipsawing markets are poised to end much higher, one of Wall Street’s most curious investments could come out on top: bitcoin. The digital currency is one of the best-performing assets of 2016, rising more than 124 percent since the start of the year — as investors in China and India push… bitcoins | New York Post"Bitcoin price surges to nearly $1K as year ends"