Page 3 - Futures Exchanges News Today

Cryptocurrency has been on a wild ride since $7,000 in value just last week. >> thats an extreme short-term price swing for any currency. bitcoin is digital money bought, sold and kept in so-called wallets online. its encrypted so you can buy and use it anonymously. >> the traditional markets are taking renewed interest in it and bitcoins value has exploded. just take a look at how its dollar value has shot up. it started at less than $800 in january before topping $17,000. this week and some of...

>> yes, they have circuit breakers. it is the biggest one-day point drop in history. it was unbelievable. however, in 1987 we had a bigger percentage drop. this was not 1987. this is something were still investigating. we have not -- we have had like you call them the fat finger error, human error in the past. right now all of the futures exchanges and stock exchanges, they dont know what went wrong. >> its like terminator, the machines have taken over. >> they trade a lot of stocks fast. >> chr...