The virtual currency bitcoin continues surging to new highs as a frenzy of investors get in on the action. Photo: Alexander Hotz/The Wall Street Journal. Prices for bitcoin and other cryptocurrencies fell sharply on Wednesday after reports emerged about a major bitcoin exchange having problems executing orders. Bitcoin fell from about $10,700 to $9,500 in about an hour, beginning around 12 p.m. Earlier, the Securities and Exchange Commission released an investor alert about the risks of using crypto exchanges.

Source: Wall Street Journal March 07, 2018 21:04 UTC