Bitcoin Drops Below USD 20,000
The number one 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. Prior to this slight recovery, it had dipped to USD 19,858.
At the time of writing, it is down 1% in a day and 6% in a week. Overall, the price dropped 16% over the past month and 60% over the past year.
Compared to its all-time high of USD 69,044 recorded in November last year, BTC is down 71%, according to CoinGecko.
Bitcoin had visited the USD 19,000 level several times this year: first in June, then again in July. It had kept above that level since mid-July however, touching it once again today.