mo4ch:>Breaking bad: Bitcoin crashes to lowest level in over a year | Mo4ch News

The world’s most popular cryptocurrency has fallen to a more than a one-year low on Wednesday, breaking through the key support level of $6,000. The price dropped by almost 11 percent in a single day of trading.The digital currency’s price recovered slightly on Thursday, trading at $5,680.01, down over $800 over the last 24 hours after a relatively calm few months.“The market is trying to find the bottom,” Michael Terpin, a San Juan, Puerto Rico-based partner at Alphabit Fund, said. He told Bloomberg that “People who are chartists look at historical patterns, and they note there’s one last final capitulation drop to get the last people fleeing out of the market.”After nearly touching $20,000 in December 2017, bitcoin’s value has nosedived in volatile trading over the following months. The virtual currency has enjoyed a period of relative stability since early September, hovering between $6,000 and $7,000.Bitcoin’s market capitalization fell below the $100 billion mark on Thursday, to …