Wall Street

Bitcoin Tumbles Below $20,000 for the First Time Since 2020

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The Street

By Luc Olinga The most popular cryptocurrency has been in free fall for several weeks now. It’s a real debacle. Bitcoin fell below $20,000 for the first time since 2020, marking a week in which panic seems to be dominating the cryptocurrency market. The price of Bitcoin was at $19,111.79 at the time of writing, appearing to be perilously close to the $18,000 threshold, according to data firm CoinGecko. The most popular digital currency was down more than 9% in the last 24 hours and 34.2% in the last seven days. The price of Bitcoin was last seen at these levels around December 13, 2020. But si…

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