Why Bitcoin Crash today down 8400 dollars?

in #bitcoin7 years ago

Do you know why bitcoin have a huge price drop today? First reason South Korea government shut down one of their most popular exchange today. So many people decide to sell their bitcoin because they are afraid to lose their money in that exchange. Another reason Mtgox decide sell another 8300 bitcoin today because they have to pay back the old investor lost money on bitcoin in 2014 due a huge exchange hacks.

Its a great time grab some bitcoin at lower price?