Crypto Prices Slump; Bitcoin Drops Below $10,000 Level - Cryptocurrency prices slumped on Thursday in Asia, with Bitcoindown more than 5% and below the key $10,000 level.

The digital coin slid more than $600 and fell from $10,200 to $9,600 in just 30 minutes, according to data compiled by Coindesk. The reason behind the movement was not clear.

It was the first time Bitcoin had fallen below $10,000 since July. The coin last traded at $9,621.8 by 1:00 AM ET (05:00 GMT), down 4.9%.