Bitcoin Dips Below $10,000 As Regulatory Concerns Intensify

On Wednesday, Bitcoin dipped below 10,000 dollars, halving in value from its peak price, with investors gripped by concerns that regulators could crackdown on the volatile cryptocurrency that experienced huge gains last year. Bitcoin had touched a peak of almost $20,000 in December, however the world's biggest and best known cryptocurrency has since been roiled by several large selloffs.