As shockwaves go through the cryptocurrency world as Tether announced a major hack, Bitcoin prices are going for a dive.
Down nearly $300 over the last hour, sending it back under the $8000 mark we just began celebrating.
We are awaiting news if Tether's recovery efforts will be a success, which could send the price shooting back up, or even lower.
**UPDATE**
Looks like a quick recovery from the FUD the hack caused.
Bitcoin is back to $8100 just 2 hours later.!
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We are awaiting news if Tether's recovery efforts will be a success, which could send the price shooting back up, or even lower.
**UPDATE**
Looks like a quick recovery from the FUD the hack caused.
Bitcoin is back to $8100 just 2 hours later.!
Author: Mark Pippen
London News Desk
