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

Bitcoin 19 June 2022 By Anil Patil

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

[{"selector":"#anim-38d16999-8322-46c5-8bdf-fe2e90bf96ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-11e36926-7a97-4dc6-9eef-de97b808003a","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

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

[{"selector":"#anim-0ddb48ff-7f91-428b-8bce-2f1fa2c391fe","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a29590e7-f4f6-41d1-aa1f-7181fdbafc13","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae345e82-6fb0-4576-9d82-4a27375a0a39 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-43.609968616157225%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":8000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

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

[{"selector":"#anim-e860b943-9597-4e02-8913-09955db85426","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b3675ed8-ee40-419f-8b6c-b04e6924d9b9","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2e70a32c-a717-49b3-9e85-c154b58e2715 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":7000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

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

[{"selector":"#anim-aeec86a8-ee57-47e7-91bc-eee4b040df54","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3102713c-4280-4c7c-9ea1-f46ab5ad0270","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-78f176fd-29c2-43a2-b408-85a5703cdc6d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

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

[{"selector":"#anim-96dd4240-457d-4391-99d8-b9d70266045d","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f230d956-ff0e-4874-9da0-7868ba2fb1cd","keyframes":{"transform":["translate3d(-115.87301%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b0a57101-815e-492b-8339-feac9e778b16 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(8.016280811880211%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":8000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

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

[{"selector":"#anim-18b7e611-cc2b-4df5-9617-5cf6d76f3155 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":7000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-c95839e1-a13c-47d3-a631-e6accf16a222","keyframes":{"opacity":[0,1]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-05887b81-a7c8-404f-a747-decdeb11a3c9","keyframes":{"transform":["translate3d(-115.2381%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Get More Updates on indiaztech about bitcoin Google News

[{"selector":"#anim-20715eba-4e28-4fe6-9ad4-2a86dddf043f","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4eb66249-5139-4022-9ecb-580c824c0189","keyframes":{"transform":["translate3d(112.05883%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-55710f38-f9d5-4800-99fb-33425d909db6","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6a0672a0-b41d-4f5d-ae2c-70ebb37d039b","keyframes":{"transform":["translate3d(-118.09524%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62a977bb-0108-4fc8-9d06-603ffc01414b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-087928d3-abd0-49a0-b46e-8e8ce113fc56","keyframes":{"transform":["translate3d(-184.67153%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Running Scribbled Arrow Get More