Wall Street

Bitcoin Continues to Tumble, Getting Dangerously Close to $20,000

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The Street

By Luc Olinga The crypto market is now worth less than $950 billion compared to $3 trillion in November. When is it going to stop? The descent into hell or the return to earth of cryptocurrencies unfortunately continues for many investors who continue to see the value of their portfolio melt. Bitcoin, the most popular digital currency, was down more than 6% to $21,229.59 in the past 24 hours. Prices briefly dipped to the $20,992.62 level before bouncing back a tiny bit, according to data from CoinGecko. The fall is more than 32% in the last 7 days. Prices are now at their lowest since December…

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