[ad_1]
Bitcoin dropped below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling up against a backdrop of monetary tightening.
The largest token by market value tumbled more than 9% to $18,740.52 by early morning in London on Saturday, marking a record-breaking 12th straight day in the red according to Bloomberg data. Ether breached $1,000 and dropped almost 11% to $975.24, the lowest since January 2021.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
PHOTO GALLERY (CLICK TO ENLARGE)
[ad_2]
Source link
