Bitcoin soars then falls back; banks raise risk concerns
NEW YORK (AP) " The price of bitcoin swung wildly Thursday, rising to more than $19,000 only to fall sharply within minutes, as the frenzy surrounding the virtual currency escalated just days before it starts trading on a major U.S. exchange.The frenzy even has parts of Wall Street concerned. A group of banks came out and complained that federal regulators approved bitcoin futures, which begin trading on Sunday, too quickly and without properly considering the inherent risks in the [...]
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