Bitcoin Plunges Below $20K for First Time Since December 2020; Ether Drops Below $1K

Associated Press

Bitcoin drops below $20,000 as crypto selloff quickens

The price of bitcoin fell below $20,000 for the first time since late 2020 on Saturday, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold, dropping as much as 9% to less than $19,000, according to CoinDesk. Ethereum, another widely followed cryptocurrency that’s been sliding in recent weeks, took a similar tumble on Saturday.

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