Bitcoin dropped to as low as $14,566.81 Friday just after 1:30 p.m. SIN/HK, according to industry site CoinDesk.
That was a nearly 14 percent decline from earlier high’s on the day of $17,153.94, according to the site which averages prices from major exchanges.
In fact, bitcoin had actually rocketed above $19,000 on Thursday on the Coinbase exchange. The digital currency hit a high of $19,340 on that platform before notching a huge decrease.
The price on Coinbase, one of the major cryptocurrency exchanges accounting for a third of bitcoin trading volume, is often at a premium over other platforms.
—CNBC’s Evelyn Cheng and Fred Imbert contributed to this report.
