The Most Important Bitcoin Developments This Week: November 22, 2014

bitcoin news

NEW YORK (InsideBitcoins) — The bitcoin price lost nearly 12% this week and is rapidly plunging deep underwater in year-over-year returns. While most industry insiders are still optimistic about future appreciation, investors will be entering the mostly uncharted territory of 12-month losses, at least in the near term.

BitcoinPriceChart11222014
One-year bitcoin price chart. BitcoinCharts.com
bloomberg bitcoin
Bloomberg bitcoin summit

Other important developments for the week included:

For other events of the week, check the Inside Bitcoins news summary. And as always, for breaking news, follow us on Twitter @InsideBitcoins and join the conversation on Facebook.

Hal M. Bundrick is the Editor-in-Chief of Inside Bitcoins. Editor@InsideBitcoins.com. Follow him on Twitter @HalMBundrick

Remember, all trading carries risk. Past performance is no guarantee of future results.
Avatar

Comments are closed.