Bitcoin's rapid descent gathered pace on Friday as the cryptocurrency crashed below $11,000. Bitcoin's price has fallen more than 40 per cent from its record high of nearly $20,000 (£14,950) set at the start of the week.
The price of the digital currency fell as low as $10,891 on Friday afternoon, according to CoinDesk's Bitcoin Price Index.
It has been a volatile month for the cryptocurrency which has surged in value from under $1,000 at the start of the year.
Source - indipendant.co.uk