Cryptocurrency Bitcoin has fallen below $10,000 for the first time since November, with more than $36 billion of value being wiped off in the last day, CNBC reported.
Bitcoin was trading at $9,958.31 at about 6:50 a.m. Wednesday and was down almost 12 percent in the last 24 hours, according to CoinDesk data. It recovered by 7:45 a.m. to $10,551.48.
The last time bitcoin fell below the $10,000 mark was Nov. 30.
Last month, it soared to a record high of $19,343. However, bitcoin has since been on a gradual decline and is now down 48 percent from that all-time high.