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Bitcoin Prices Plunge To A Five-Month Low

Rob WileApr 10, 2014, 20:10 IST

Bitcoin prices fell as low as $403 Thursday morning as Chinese banks began sending out shutdown notices to Bitcoin businesses, CoinDesk's Jon Southurst reports.

That level hasn't been seen since November. Prices were down more than 7% just on the day.

"Exchanges will stop account recharging via bank accounts between now and 15th April," Southurst writes.

Chart:

CoinDesk