The price of bitcoin has fallen below $10,000 for the first time since early December.
According to CoinDesk's Bitcoin Price Index (BPI), the cryptocurrency's value has hit a low of $9,714.02 as of press time. The last time bitcoin's price was below $10,000 was on Dec. 1, BPI data shows.
Bitcoin's come comes amid the backdrop of a wider fall in cryptocurrency markets, a state of affairs which was on full display during yesterday's trading session. Data from CoinMarketCap shows that many of the top cryptocurrencies remain in the red for the past 24 hours, including ether, which has fallen below $900.
As it stands, the collective market capitalization of all cryptocurrencies has dropped more than $200 billion since yesterday.
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