Bitcoin Price Drop: Cryptocurrency Exchange Hack Wobbles Market
http://www.newsweek.com/bitcoin-price-drop-cryptocurrency-exchange-hack-wobbles-market-985150
The price of bitcoin has taken a sudden hit following news that one of the world’s most-used cryptocurrency exchanges had been hacked, losing more than $31 million.
All of the major virtual currencies, including Ethereum, Litecoin and Ripple, recorded a significant stumble between Tuesday evening and Wednesday morning, according to metrics on CoinMarketCap. Bitcoin was knocked from $6,760 to $6,611 in a matter of hours. It is currently $6,643 per coin.