Bitcoin value down after Fed's anti-Libra comments

Submitted by AA on

The cryptocurrency market suffered a big hit on Wednesday, losing as much as 8.5% after the Federal Reserve chairman made negative comments about Facebook’s digital currency Libra.

Bitcoin now worth more than $2,400

Submitted by AA on

SAN FRANCISCO

Digital currency bitcoin surged to a new all-time high on Wednesday, leaping to more than $2,460 by afternoon, according to monitoring sites.

Japan Denies Bitcoin Is Currency

Submitted by JIJI on

Tokyo, March 7 (Jiji Press)--The Japanese government does not recognize bitcoin as a currency, it said Friday.

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