Bitcoin Once Again Slips Below $20,000

Bitcoin Once Again Slips Below $20,000
A representation of the virtual cryptocurrency Bitcoin in a picture illustration taken on Oct. 18, 2021. Edgar Su/Reuters
Reuters
Updated:

Bitcoin on Sunday dropped 1.54 percent to $19,804, slipping from the 20,000 mark after losing $310 from its previous close.

The world’s biggest and best-known cryptocurrency is down 58.9 percent from the year’s high of $48,234 on March 28.

Ether, the coin linked to the Ethereum blockchain network, dropped 3.2  percent to $1,422.1 on Sunday, losing $47 from its previous close.