Bitcoin is getting pounded after a wild week of gains

LONDON — The price of bitcoin dived below $15,000 during morning trade in Europe on Friday before recovering some poise as the day progressed.

Following a week of wild gains, in which the cryptocurrency rose in value by more than $5,000 a coin, it seems as if investors may be taking stock, with some cashing out.

According to data from Markets Insider, bitcoin’s value has fallen by around 8% as of 4.35 p.m. GMT (11.35 a.m. ET) to trade at $15,400 per coin. During morning trading the value of bitcoin had fallen below $15,000. Here is the chart: […]

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