Mt. Gox bitcoin price falls below $100

Mt. Gox bitcoin price falls below $100 Mt. Gox bitcoin price falls below $100 | PCWorld Bitcoin fell below US$100 on major exchange Mt. Gox early Friday, dropping under a key psychological threshold. Traders pushed the digital currency as low as $91.50, far... More

Mt. Gox bitcoin price falls below $100 Mt. Gox bitcoin price falls below $100 | PCWorld Bitcoin fell below US$100 on major exchange Mt. Gox early Friday, dropping under a key psychological threshold. Traders pushed the digital currency as low as $91.50, far below its price at around $537 on two other exchanges tracked by CoinDesk.com. The price on Mt. Gox later recovered to around $100, but it remains the cheapest exchange in the world to buy bitcoin. The price drop followed another update from Tokyo-based Mt. Gox about a technical issue that prompted it to suspend bitcoin withdrawals to outside addresses two weeks ago. Bitcoin had been trading around $850 before the suspension. In the update, Mt. Gox said it is continuing to work to resolve the technical issue, but added that it has experienced "some security problems, and as a result we had to relocate Mt. Gox to our previous office building." Mt. Gox is now located on a floor of a Tokyo office tower that is home to a company offerin Less