Bitcoin Trading Down 15.1 Percent to Kick of 2017

Written by:
Guest
Published on:
Jan/13/2017

Trading in the anonymous digital currency bitcoin was down 15.1 percent at $768 a coin as of Wednesday afternoon.  It was back up to $811 Friday morning but the instability comes after China announced it had begun investigating the bitcoin exchanges on suspicion of market manipulation.


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Bitcoin has become the most popular payment processing platform used by the North American-facing online gambling sector.  Operators continue to monitor this situation but remain relatively unfazed based on Gambling911.com conversations.

Bitcoin started 2017 with a 120 percent gain over 2016, crossing the $1000 mark for the first time since November 2013.

Bitcoin is now down more than 17% in 2017.

- Aaron Goldstein, Gambling911.com

Business/Financial News

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