The price of a bitcoin, the virtual currency, recovered on Thursday after plummeting a day earlier on news that the founder of an Internet drug market that relied on the virtual currency was arrested by federal authorities.

One bitcoin was recently trading Thursday at just over $130 on Mt. Gox, the largest bitcoin-trading exchange. A day earlier the price had fallen to a low of $109.70 after trading above $141 at one point, according to the website bitcoincharts.com.