Bitcoin Crashes Down to $52 From $266, MtGox Exchange Down For Maintenance By Chris

Posted on Friday, 12th April 2013 @ 09:52 PM by Text Size A | A | A

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Bitcoin just hit a low of $52.99 per Bitcoin on the BTC-e.com exchange, it stands currently at $59. MtGox has been down for hours for maintenance and the price has been plummeting throughout. Bitcoin hit a high of $266 just yesterday before the ensuing crash. At this point the price is still double what it was two months ago, so it’s yet to go through a full routing erasing all gains since going parabolic.

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