Bitcoin Plummets to $9,700 in Violent Selloff After Breaking Below a Key Level

Bitcoin saw an incredibly sharp selloff this morning after previously being caught within a firm bout of sideways trading around $10,300. This latest selloff sent BTC reeling below the key $10,000 price region, marking the first break below this level since last Monday.
This violent downwards movement sent the crypto plunging to lows of $9,700 on major trading platforms like BitMEX, with the visit to this level allowing the crypto to find some support that has led it back up towards $10,000.
Ana