Bitcoin Drops 10% after South Korean Exchange Hacked

Image Credit :- https://kryptomoney.com/bitcoin-price-crashes-coinrail-hacked/

Bitcoin drops more than 10% over the weekend after a South Korean exchange said it was hacked. Bitcoin make a low of $6,640 on Sunday and it's lowest price since 9 April 2018. Bitcoin lost over 50% market capitalization in last one year. Other Crypto-Currencies also fell in last weekend. Ethereum dropped 12% and now trade around $535.

As per technical analysis. Bitcoin trade below strong support of $7000. Now, Next Support around $6000. So, as per technical prediction, Bitcoin touch $6000 level in up coming days.