Bitcoin came under heavy pressure in the last minutes and lost more than $500 to break below the critical $10,000 mark. As of writing, the BTC/USD pair was down 3% on the day, trading near $9,500. Although there isn’t an apparent catalyst behind that sudden drop, all the other major cryptocurrencies seem to be staging a similar action. At the moment, the ETH/USD is down more than 5% on the day, testing the $200 handle, and the XRP/USD is losing 4.65% at $0.3090. Furthermore, both Litecoin and Bitcoin Cash are in the negative territory on the daily chart. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next IRS warns more than 10,000 cryptocurrency holders who potentially failed to report income FX Street 4 years Bitcoin came under heavy pressure in the last minutes and lost more than $500 to break below the critical $10,000 mark. As of writing, the BTC/USD pair was down 3% on the day, trading near $9,500. Although there isn't an apparent catalyst behind that sudden drop, all the other major cryptocurrencies seem to be staging a similar action. At the moment, the ETH/USD is down more than 5% on the day, testing the $200 handle, and the XRP/USD is losing 4.65% at $0.3090. Furthermore, both Litecoin and Bitcoin Cash are in the negative territory on the daily chart. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.