Bitcoin is making a gigantic comeback

Business Insider

Published Mar 13, 2017 07:17AM ET

Updated Mar 13, 2017 09:07AM ET

The cryptocurrency had plunged by more than 16% shortly after US markets closed Friday, putting in a low of $978, following the US Securities and Exchange Commission's ruling to top-performing currency in each of the past two years. Even with Friday's sell-off, bitcoin is still higher by about 10% this year.