Why Bitcoin make a come back, after South Korean exchange hacked.
1. Bitcoin declined on Wednesday after a South Korean exchange hack was reported.
2. But by the same evening the digital coin bounce back.
3. There are two crypto currency traders who explain why this happened.
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CHARLIE LEE, the founder of Litecoin, A global decentralized currency based on block Chain technology, said it was to be expected.
Lee said Whenever there's a exchange hack, people get scared and the price drops, He said, "this happen all the time ."
Also whenever there's some bad news like exchange hack, the price drops like 5%. Lee said that 5% is a lot in stock market world it's like nothing in crypto space[IMAGE: https://cdn.steemitimages.com/DQmRhq2d2dPTrf9WJTBP3NQRJ9kxD8UrSfoL1UtbNzUN5tf/upward.png]