Bitcoin drops below $20,000
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The price of bitcoin, the most famous cryptocurrency, fell below $20,000, continuing its decline. Compared with the annual maximum, the decline was almost 60%, according to Reuters.
Bitcoin fell 1.5% to $19,946, losing $298 from the previous close. Compared to the yearly high of $48,234 reached on March 28, Bitcoin has lost 58.7%.
The second most popular cryptocurrency, Ethereum (ETH), fell 2.76% to $1,467.2. ETH lost $41.6 compared to the previous close.
Read about the prospects of cryptocurrencies in the publication “Kommersant” “Bitcoin didn’t ride the bull”.
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