Bitcoin holds overnight gains after last week's rout

Digital currency was last up almost 10% at $15,300.00 on the Luxembourg-based Bitstamp exchange

Bitcoin holds overnight gains after last week's rout
Reuters New York
Last Updated : Dec 26 2017 | 8:02 PM IST

Bitcoin held its overnight gains in early US trading on Tuesday as the world's biggest and best-known cryptocurrency rebounded on light trading volume from its worst week since 2013.

At 8:33 a.m. (1333 GMT), the digital currency was last up almost 10 per cent at $15,300.00 on the Luxembourg-based Bitstamp exchange. It lost nearly 30 percent at one point last Friday at $11,159.93.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 26 2017 | 7:11 PM IST

Next Story