Volatile: The Bitcoin currency plunged when Mt. Gox said it was temporarily halting withdrawals due to unexplained technical issues. - Reuters
NEW YORK: The price of the digital currency Bitcoin slid to its lowest level in nearly two months on Monday after Bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity."
The Bitcoin price varied dramatically from one exchange to another, with Tokyo-based Mt. Gox, the best known operator of a Bitcoin digital marketplace, recording one of the biggest drops for the day.
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