Bitcoin drops 12%, falls below $10,000 amid broad cryptocurrency sell-off

[aruntamil]

• Bitcoin plunges 12 percent to $9,817, according to CoinDesk.
• Ethereum, ripple, stellar and other cryptocurrencies also sell off.
• Benjamin Roberts, co-founder and CEO of Citizen Hex, an ethereum-focused start-up, attributes the declines to uncertainty around bitcoin's ability to improve transaction efficiency and the future development of ethereum.

![Bitcoin-sand-760x400.jpg]()

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