Bitcoin (BTC) is no longer on the moon, as it crashed under the $10,000 level. Following a volatile weekend and a sell-off on Monday, BTC price lost ground, shedding hundreds of dollars in a short timespan.
BTC traded at $9,845.55 as of 7:45 UTC on Tuesday. The asset saw a gradual slide in the past day, abandoning the $11,000 level, looking ready to fulfill the expectation of a return toward $9,000. The latest rally to $13,800 held the potential to drive BTC above its previous highs, but it turned out to be a short-term bounce.
At prices above $12,000, there were expectations for another 30% crash, as BTC usually goes through a similar crash each quarter. Now, BTC...