Bitcoin could not escape the turmoil that continued to rip across global equity markets on Tuesday, with the No. 1 cryptocurrency briefly dipping below $6,000, MarketWatch reports.

Bitcoin was last down close by 7% to $6,488.88 on Tuesday, according to CoinDesk, briefly falling below $6,000 for the first time since mid-November to an intraday low of $5,947.40. The cryptocurrency went into free fall late Monday on the heels of the biggest one-day, point drop in history for the Dow Jones Industrial Average.