Bitcoin fell below $US10,000 for the fourth time of 2018 on Thursday morning.
The world’s largest cryptocurrency, which makes up 39.4% of the total market cap for digital coins, has had a volatile year so far. Its price climbed in 2017, but has seen regular swings as much as 20% in either direction in the first months of 2018 so far.
Less than a month ago, on February 6, bitcoin plunged as low as $US5,922. That’s just 45% of its high of $US16,932 set in early January.
Most cryptocurrencies are down Thursday alongside bitcoin’s 4.8% slump. Ethereum and Ripple are down 1.82% and 1.4%, respectively.
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