While Bitcoin is still up 13% on the week (its 8th weekly ruse of the last 9), the dollar price of the virtual currency is collapsing again in US trading (after a big rebound during the Asian session)…
Just as with yesterday, there is no immediate news catalyst for the flush.
Meanwhile, the huge arb with South Korea bitcoin pricing remains, and as of this moment is still nearly $1000.
via http://ift.tt/2rpPM2g Tyler Durden