Bitcoin slid to $10,000 on Wednesday for the first time since Dec. 1, leaving the cryptocurrency down by close to half from its peak hit last month.
Bitcoin's sell-off, sparked by fears of a regulatory crackdown, deepened Wednesday with the price of a single coin briefly dropping below $10,000 for the first time since November and its total loss spiraling to 50% since its mid-December peak.
The minicrash in bitcoin is the latest bout of volatility for the upstart cryptocurrency that made big news last year when its price skyrocketed nearly 1,400%, creating a speculative frenzy for people around the world trying to get rich quick.
Adam Shell | USA TODAY