Bitcoin, the digital currency and anonymous online payment system, got a rough start in 2015 when a major exchange announced a breach. Things were looking even more dire Wednesday, when another price plummet pushed Bitcoin below $200 for the first time since the fall of 2013.
Since the beginning of the year, Bitcoin has lost more than 40 percent of its value -- going from around $320 per bitcoin on Jan. 1 to around $185 as of posting.
This doesn't necessarily mean Bitcoin is down for the count -- the currency has suffered worse stumbles before, as Timothy B. Lee notes over at Vox. And some followers believe the really innovative part about Bitcoin is the Blockchain system it is built upon.
But current trading rates are far below the $1,000 plus prices Bitcoin saw at its the peak.