Bitcoin’s wild 2017 ride continues with a Christmas Day rebound after a record slide

Slow your roll, bitcoin.

The finicky cryptocurrency has skyrocketed in overall value throughout 2017, but its bumpy December continued in the run-up to Christmas. After posting an all-time high of $19,796 per bitcoin on Dec. 17, the price fell to $11,590 on Dec. 22, according to Coinbase data).

It was the steepest decline of the year for bitcoin, losing more than 40 percent of its peak value reached just days earlier. The price has been creeping back up since then, and it continues to hover at around $14,000 as of Christmas Day, Dec. 25. Read more…

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