Bitcoin Price Watch: Currency Plunges Below $9,000

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The price of bitcoin has fallen dramatically over the last 24 hours. The currency is now trading for about $500 less than where it stood yesterday afternoon. At press time, the currency is wallowing in the $8,600 range after previously hovering at $9,100. Prior to that, the currency had experienced a weekend high of $9,800, but subsequently dropped to $9,500 and $9,300 respectively within a 48-hour period. This ultimately marks a $1,200 drop in only five days. No doubt many investors are pulling their hair out of their scalps right about now. It appears there are several reasons for the

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