Bitcoin Value Plummeting Following The Silk Road Shut Down
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The FBI seized Silk Road this morning. Silk Road is a website that let people anonymously buy illegal drugs using Bitcoin. The FBI also took 26,000 Bitcoins from Silk Road.
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Following the news, Bitcoin's value has plummeted. One Bitcoin was worth about $123 early this morning. It's now down to $105.
Here's the chart:
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