Bitcoin fell below $10,000 for the first time since November, with more than $36 billion of value being wiped off the cryptocurrency in the last day, CNBC reported.
The world's largest cryptocurrency dived as low as $9,199.59 Wednesday morning, falling almost 19 percent within 24 hours, according to CoinDesk data. It then recovered slightly to $10,123 at 11:56 a.m. ET.
More than $30 billion was shaved off the cryptocurrency's market value in the last 24 hours.
The last time bitcoin fell below the $10,000 mark was Nov. 30. And last month, it soared to a record high of $19,343. However, bitcoin has since been on a gradual decline and is now down almost 50 percent from that all-time high.