FCT Factom

Many tout Bitcoin and cryptocurrency for their uncorrelated natures, their ability to simply not care what the rest of the world is doing.

Within the last 24 hours, Bitcoin has once again made a dive through a historic price support after dropping 14 percent, puncturing its $4000 support-level and settling at a yearly low of $3800.

On November 20, Bitcoin (BTC) shredded past its $5000 resistance-level to the $4000 price range, dragging most of the market downwards.

As more blockchains are created, the need for cross-chain smart contracts becomes significantly greater.