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Bitcoin previously had been plummeting toward zero from its high-point of around $20,000 after a cryptocurrency bull run at the end of 2017. Having dropped below $6,000, bitcoin made a slight resurgence amid the turbulence of the Dow Jones, which sent shockwaves across every major stock market around the world. The Dow Jones index dropped by more than 1,000 points on Monday – the biggest single-day drop ever.

YOUTUBE•GETTY Bitcoin price live: Watch live analysis of the cryptocurrency

The allocation of money from risky assets to risk-free assets is going to be bumpy Torsten Slok

Bitcoin price currently sits at $6,784.07, at 13:24 GMT, on Tuesday, a jump of around 4 percent. Watch bitcoin price live as the market moves in a positive direction amid the Dow Jones chaos on Wall Street.