Bitcoin dropped drastically in value this morning.

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One bitcoin was worth $6,562 at 04:09 GMT, and by 04:44 it had lost $239. Total value of all coins lost approximately $4.2 billion, or 4 percent.

Currently the price is $6,278. The last time that the price dropped to his extent was mid-September, and before that early August, and before that mid-July. Its lowest point this year was in early February, just after the infamous cryptocurrency correction/crash, when it reached $6,203 at one point (from a high of $17,000).

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