Question: Do you think prices will recover soon? Do you think it will crash further? Comment below.
According to CoinDesk:
The price of bitcoin fell sharply today exacerbating an already ongoing decline as global market participants reacted >to news that one of the largest digital currency exchanges had been hacked.
Earlier this afternoon, Hong Kong-based exchange Bitfinex halted trading after discovering a security breach, which included taking its website offline and pausing all withdrawals and deposits. Representatives from the exchange told CoinDesk engineers were seeking to uncover issues at press time, though the company had confirmed roughly 120,000 BTC (more than $60m) was lost or stolen via social media.
Source: http://www.coindesk.com/bitcoin-drops-12-exchange-hack-amplifies-price-decline/
Source: http://www.coindesk.com/bitfinex-shuts-down-customer-bitcoin-stolen/