| UPDATED: 19:59, Wed, Jan 13, 2021
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Bitcoin's price has reassuringly steadied noticeably since the start of the working week. Marcus Swanepoel, CEO of cryptocurrency exchange
Luno, believes last week’s dramatic events are simply something to be expected from time to time.
| UPDATED: 18:25, Tue, Jan 12, 2021
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Bitcoin's price may have started to stabilise today, hitting highs of approximately $36,540 (£26,820) after perilously plunging to a little north of $30,500 (£22,384) on Monday morning amid continuing crypto turbulence.
Trending
Bitcoin has since fallen slightly further and is trading at $34,698 (£25,452) as of 5.30pm GMT, CoinDesk data indicates.
| UPDATED: 21:16, Mon, Jan 11, 2021
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Despite hitting record highs of $41,962 on Friday, bitcoin this afternoon slumped to just above the $30,000 psychological threshold. The digital currency has recorded losses of approximately 20 percent since Sunday at the time of writing.
| UPDATED: 16:35, Fri, Jan 8, 2021
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The price of bitcoin has now achieved a new record level, with the crypto surpassing $41,000 (£30,000) for the first time in its 12-year history. As of 11.20am GMT on Friday, January 8, BTC is trading at $41,269 (£30,352) CoinDesk.com data confirms.