The price of cryptocurrency Bitcoin has dropped below $6,500 in the morning hours of Wednesday. A hack of a cryptocurrency exchange earlier today is partly to blame for the drop. Additionally, new research that suggests the value of bitcoin was artificially inflated in 2017. The 2018 low comes after steadily decreasing prices since the world's most valuable cryptocurrency hit a high close to $20,000 in late 2017.
Ethereum has also been taking a pounding recently. The price is just over $470 and has dropped 10% over the last 24 hours. Do you have faith that Bitcoin prices will rebound? Should people sell off their cryptocurrencies?