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Bitcoin Drops Below USD 20,000

Source: AdobeStock / Farknot Architect

The main cryptoasset per market capitalization, bitcoin (BTC), took another dip below USD 20,000 today.

At 15: 00 UTC on Sunday, BTC was trading at USD 19,888. Ahead of this slight recovery, it had dipped to USD 19,858.

BTC 7-day price chart. Source: coingecko.com

During writing, it really is down 1% per day and 6% in weekly. Overall, the purchase price dropped 16% in the last month and 60% in the last year.

In comparison to its all-time most of USD 69,044 recorded in November this past year, BTC is down 71%, in accordance with CoinGecko.

Bitcoin had visited the USD 19,000 level many times this season: first in June, on the other hand in July. It had kept above that level since mid-July however, touching it once more today.

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