Downtrend: A broken representation of the bitcoin virtual currency, placed on a monitor that displays stock graph and binary codes, are seen in this illustration picture. Concerns are mounting of a possibly bigger fall ahead for the digital currency. — Reuters See also page 7
PETALING JAYA: Volatility continues to grip bitcoin, with the largest cryptocurrency falling below the psychological US$10,000, as of press time on Wednesday night after a decline of more than 20% on Tuesday.
With indicators all still in negative territory, the technical charts indicate scope for a drop close to the US$8,000 level.
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