Cryptocurrency investors are booking profit on Friday, with
Bitcoin seeing a small price dip after setting new records on
Bitcoin charged past $4,400 a coin on Thursday,
setting a new record high in the process. On Friday, however,
traders appear to be booking some profit — Bitcoin is down 2.2%
against the dollar to $4,286.31 at 7.30 a.m. BST (2.30 a.m. ET).
Bitcoin has rallied over the last week. The digital currency
broke through $4,000 a coin for the first time ever on Sunday
and has since added a further $400 to its peak, although the rise
has not been in a straight line. Bitcoin has rallied over 300%
since the start of 2017.
Elsewhere, Bitcoin Cash is seeing huge gains against the dollar.
which was split off from Bitcoin at the start of the month,
is up 13.6% to $506.19 at the time of writing.
Ethereum, the second biggest cryptocurrency by market value after
Bitcoin, is up 0.9% against the dollar to $303.83.
Get the latest Bitcoin price here.