Bitcoin was trading below $10,000 on exchanges for the first time in 11 days Tuesday morning, and may face further losses ahead.
The spread between the price of bitcoin on South Korean and U.S. exchanges reached as high as $1,000 this weekend, a sign market inconsistencies are returning with price action.
With technical charts flashing signs of buyer exhaustion, bitcoin risks falling to levels below $10,000 this week.
Bitcoin is surging and Libra is shaking up regulators as the globe faces a period of doubt on the economic front.
Bitcoin is on track to close in the green for the fifth straight month, despite witnessing a double-digit technical correction in the last 36 hours.
Bitcoin is down more than $1,700 since yesterday after a violent sell-off rocked the markets, catching a lot of traders off-guard, while altcoins continue to rise.