/Bitcoin jolted by regulation worries, falls 7 percent on extended selloff

Bitcoin jolted by regulation worries, falls 7 percent on extended selloff



TOKYO/SINGAPORE (Reuters) – Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.

Source: Bitcoin jolted by regulation worries, falls 7 percent on extended selloff