Bitcoin value has lost as close as 15% of its value this Friday morning, according to Coindesk’s Bitcoin Price Index. The price went as low as $12,504 from almost $20,000.
From a $1,000 at the start of the year to $19,666 on Sunday due to the exchange of giant CME Group’s.
It isn’t clear until now of what there was such price plummet.
On the other hand, Cryptocurrency exchanges faced several hacks in past months, such as the Youbit exchange in South Korea this Tuesday. Police suspect the attacked was carried out by North Korea.
Just last week as much as $64 Billion were stolen by hackers in the Slovenian marketplace.
Question is, what does the future hold for Bitcoin and Cryptocurrency?
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Image by Bitcoin.com