19 June 2022

Bitcoin falls below $20,000 as the crypto selloff continues.

By Anil Patil

The price of Bitcoin fell below $20,000 (roughly Rs. 15 lakh) for the first time since late 2020 on Saturday,

Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold,

dropping as much as 9 percent to less than $19,000 (roughly Rs. 14 lakh)

The last time Bitcoin was at this level was November 2020,

when it was on its way up to its all-time high of nearly $69,000 (roughly Rs. 53 lakh).

Bitcoin has now lost more than 70 percent of its value since reaching that peak.

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