Bitcoin (BTC) is now up more than 300% since its lows in January at around $3,200. The price went parabolic late on Wednesday, gaining all day to above the $13,600 range. But just within an hour, BTC showed its notorious volatility and wiped out more than $1,000.
BTC peaked at $13,796.39, only to crash toward the $12,600 range in a flash-sale. The leading coin traded at $12,706.65 as of 7:25 UTC on Thursday, on slightly lowered volumes of $17 billion’s equivalent. The dominance of BTC over the entire market rose to 62.8%, pushing down altcoins, which keep unraveling or at least lag...