Earlier today, the world's most popular cryptocurrency, now acknowledged as a store of value and an inflation hedge by many top-of-the-line financial institutions made a sudden reverse and shed around 10 percent of its market value.
Bitcoin plunged from $19,389, rolling down first to $17,608 and then declining below the $17,000 support. At press time, Bitcoin is changing hands at $16,781, as per CoinMarketCap.