Bitcoin price dives below $13,000, down 35% from last week's highs

Well, it can't just go up all the time. 

After an incredible rally in the first part of December, which saw Bitcoin's price nearly double from $10,240 to $19,994, the popular cryptocurrency is losing value, fast. 

The price dropped by a quarter in the last 24 hours alone, and Bitcoin is currently trading at $12,874, according to CoinMarketCap.

As it usually happens in the world of cryptocurrencies, most other coins are following suit: Ethereum is down 27.4 percent, Bitcoin Cash is down 36.3 percent, Ripple is down 6.2 percent and Litecoin is down 29 percent in the last 24 hours.  Read more...