Bitcoin Value Tumbles More Than $2,000 In One Day

November 29, 2017
Bitcoin skeptics are saying, "I told you so." The cryptocurrency declined more than $2,000 today after hitting an all-time high. Yesterday, Bitcoin broke the $10,000 mark for the first time and then it soared to $11,260 early Wednesday (11/29) morning. The price then plummetted more than $2,000 and finally ended at $9,679.10 (as of 1 PM PST). Even with the decline, the value of Bitcoin has increased by 1,000% in 2017.

Bradford Hornsby is an editor, music writer, web producer, and pop culture blogger for Entercom stations in the San Francisco Bay Area. Find him on Twitter at @bradfordhornsby.