LONDON: Bitcoin, the dominant digital currency, extended a slump Wednesday following a recent surge to trade below $10,000 for the first time since the start of December.
Around 14:10 GMT, bitcoin stood at $9,807.56 to record its lowest value since December 1 and a plunge of almost 50% since reaching a record-high on December 18, according to data compiled by Bloomberg.
This is a developing story and will be updated accordingly
He had called bitcoin a fraud at a bank investor conference in New York in September
Bitcoin dropped briefly from around $16,500 in late trading on Thursday
'We want make sure that bad people can’t use this currency to do bad things'
Original news : https://tribune.com.pk/story/1611242/2-bitcoin-slumps-10000/