After a stellar run that saw bitcoin set an 18-month record, it has now dropped below the critical $10,000 mark for the first time since June 22. The digital currency dropped to $9,930 before gaining slightly to hit $10,483 as of press time.
In the past 24 hours, the top cryptocurrency lost 6 percent. It has now shed 29 percent from its 18-month record which it set last week at $13,900. The trading volume has held steady in the past week at $30.1 billion. However, it’s still down from the record $46 billion registered a fortnight ago.