Baidu (BIDU) Suspends Bitcoin Payment Acceptance on Value Fluctuation - Bloomberg

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Bitcoin Crashes 21%

December 6, 2013 2:30 PM EST

Bitcoin is down 21% in the past 12-hours. The virtual currency last traded at $875, after reaching an all-time high of $1240 a few short days ago.

Moments ago it was reported that Baidu.com (Nasdaq: BIDU) said it is suspending bitcoin payment acceptance due to... More