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    Bitcoin tumbles below $10,000, half of its peak value

    by 
    Steve Dent
    Steve Dent
    01.17.2018

    Bitcoin has crashed to as low as $9,500, falling below $10,000 for the first time since November and neatly halving its December 19th peak of $19,000, according to Coinbase. It has declined steadily since CES 2018 started, thanks to reports that South Korea planned to clamp down on the cryptocurrency. If you hedged your bets with Ethereum, Ripple or Dogecoin, then that didn't help either, as most virtual currencies have fallen precipitously since yesterday.