By: Matt Clinch News Assistant
Online currency bitcoin had 20 percent knocked off its price overnight on Thursday as one of its major exchanges became the victim of a hacking attack leading to a sell-off in the virtual currency after reaching an all-time high.
Uncertainty over other currencies, turmoil in Cyprus and media interest are just some of the reasons commentators are citing for the 360 percent rise in bitcoin prices over the last month. The frenzied interest in bitcoins piled over onto the social media site Twitter and led to a spike in Google searches on the topic.
(Read More: What Is Bitcoin?)
But by Thursday morning bitcoin prices had fallen to $132 from Wednesday’s record price of $147.
Read more: http://www.cnbc.com/
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