Bitcoin Price Surges Past $9,000, Suffers Brutal Dump
By CCN: The bitcoin price extended its triumphant rally past a new milestone, clearing the $9,000 barrier to set a fresh 12-month high. Minutes later, a $500 dump sent a chill through the market. The flagship cryptocurrency had spent most of the morning trading near $8,750, but a sudden surge in volume catalyzed a sharp rally shortly before noon ET.