Bitcoin Slides

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

Bitcoin licked its wounds on Wednesday, a day after its heaviest losses in 2-1/2 months as El Salvador's historic adoption of the crypto asset as legal tender caused chaos online and on the street

Cryptocurrencies tumbled on Monday as China's crackdown on bitcoin mining expanded to the province of Sichuan

The world's most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the previous session

One wealth manager said technical chart analysis was predicting deeper falls

Bitcoin is up more than 500 percent so far this year

Despite losing almost 7 percent this week, bitcoin is still up more than 600 percent so far this year