Bitcoin Trading Halted by Mt. Gox Exchange After Plunge in Price

Bitcoin Trading Halted by Mt. Gox Exchange After Plunge in Price

Chris Ratcliffe/Bloomberg

Created four years ago by a person or group using the name Satoshi Nakamoto, Bitcoin is a virtual currency that can be used to buy and sell a broad range of items -- from cupcakes to electronics to illegal narcotics. The currency has been subject to large swings in value in recent days.