The price of bitcoin fell more than 10 percent on Wednesday to as low as $15,800 at a cryptocurrency exchange Bitstamp.
It has since pared some of the losses and is down about 7 percent in early trade. The digital currency has been sliding since it had hit a record high of $19,666 on Sunday.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
