1. Bitcoin plunges nearly 20 percent in a day
Bitcoin plunged by as much as 21 percent early Friday, falling below $13,000 before climbing back toward $14,000 later in the morning. At one point the cryptocurrency had lost a third of its value over just five days. The digital currency was on track for its worst week since 2013 after peaking near $20,000 on Sunday. It started the year under $1,000. Bitcoin's recent volatility has fueled concerns over whether its recent gains were sustainable or evidence of a bubble. "A manic upward swing led by the herd will be followed by a downturn as the emotional sentiment changes," said Charles Hayter, founder and chief executive of industry website Cryptocompare in London. "A lot of traders have been waiting for this large correction."
2. Papa John's CEO steps down
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