Bitcoin plunges as 'reality check' hits investors after stratospheric rise
Crash spreads to other cryptocurrencies such as Dash, Litecoin and Ripple
Tokyo
BITCOIN prices plunged by a quarter on Friday as investors cashed out just before Christmas after the wildly volatile currency's stratospheric rise in recent weeks.
The precipitous drop comes after a series of warnings by analysts and governments about a bubble that could burst at any moment as investors, many inexperienced, piled into the unit hoping to enjoy some of the eye-watering gains.