On Tuesday the value of a Bitcoin dropped below $6,000 – its lowest worth since prices soared in mid-November.
The dramatic fall came after the biggest plunge in the US stock markets in more than six years.
But by Thursday morning the cryptocurrency had recovered somewhat and was valued at more than $8,000.
On Wednesday, insiders said the cryptocurrency market could hit $1 trillion this year, with Bitcoin surging to $50,000.
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4 days ago
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Bitcoin has recovered on Wednesday after a turbulent Tuesday saw its value fall as low as $5,920.
It marked the first time it had dropped below $6,000 since mid-November.
On Wednesday BitCoin has reached $7,825 - up 1.6 per cent having opened at $7,700, according to CoinDesk.