Bitcoin’s Recent Price Dive: Did WannaCry Malware Cause It?

Bitcoin took a dive from its $1,800 territory down to $1,600 Friday, but it has since managed to recover and as of late Saturday was back in high $1,700 territory. The drop naturally alarmed the market, given the steady gains the currency has made in the last two weeks.

The Friday dip could have been caused by the WannaCry bitcoin malware infection that has afflicted 36,000 computers. The malware automatically encrypts files on the victim’s computer and tells the user to send $300 in bitcoin to a particular bitcoin address.

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