the world's largest cryptocurrency "ticks all of the boxes" of the essential criteria for any asset bubble
Prices for the virtual currency in South Korea have tumbled back in line with those on overseas exchanges
Cryptocurrencies are decentralised, meaning that they are issued without a central administering authority
Bitcoin's rapid ascent has led to countless warnings that it has reached bubble territory
Some on Wall Street are embracing the run, with more than 100 hedge funds now dedicated to digital currencies
bitcoin uses encryption and a blockchain database that enables the fast and anonymous transfer of funds
All you need to know about cryptocurrencies like Bitcoin, how they work, what are the risks, and why there is so much controversy surrounding them
Other bankers have also expressed scepticism about the currency