Bitcoin slides to below $10,000, half its peak

Updated:1 year ago IST

New Delhi,Jan 18 (ANI): The largest and most prominent cryptocurrency, Bitcoin, extended a slump today following a recent surge to trade below $10,000 for the first time since December 1. The price of the cryptocurrency fell to as low as USD 9,500 on the Luxembourg-based Bitstamp exchange, lowest value since start of December. The largest and most prominent cryptocurrency is down from record highs approaching $20,000 in the week before Christmas. Not only bitcoin, other cryptocurrencies also plunged as well. Ripple and Ethereum were both down heavily after reports South Korea and China could ban cryptocurrency trading. It sparkle worries of a wider regulatory crackdown.

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