Bitcoin (BTC) price slides more than $600 in just 30 minutes on Wednesday to fall below $10,000 USD for the first time in over a month.

The Catalyst Remains Unknown

Bitcoin, which is up almost 200% this year, dropped more than 5% from just under $10,200 US to around $9,600 between 17:50 UTC and 18:20 UTC. It’s the first time the world’s largest cryptocurrency has fallen below the $10,000 USD milestone since July. The catalyst for the dropoff is not yet apparent; however, one analyst believes low trading volumes exacerbated the effects of the drop. Jeff …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.