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Bitcoin takes a dive as Mt. Gox suspends withdrawals

2014-02-07 22:25:04| InfoWorld: Top News

Bitcoin's value declined sharply Friday, just as Mt. Gox, an online exchange for buying and selling the digital currency, announced that it was temporarily suspending withdrawals. Bitcoin was trading for roughly $750 late morning U.S. Pacific time according to target="_blank"CoinDesk, which aggregates the price of bitcoin across several exchanges. Bitcoin had been trading for about $850 for much of this week.

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