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Bitcoin below the $20K threshold for the first time since December 2020

Bitcoin follows the devaluation trend and, for the first time since December 2020, it is trading below the threshold of 20,000 dollars this Saturday, just over 19,000 euros at the current conversion.

According to data from Coindesk, bitcoin is currently trading at $19,270.95, down 8.12% in the last 24 hours. The minimum value reached by bitcoin in the last 24 hours represents an even more significant drop, falling to $18,739.50.

At this point in the year, bitcoin is already down 58.14%, according to data from Coindesk.

It is not just bitcoin that is being devalued this Saturday. Ethereum, the second most popular cryptocurrency, has fallen by 8.09% in the last 24 hours, and is now hovering around $1,001.55.

Cryptocurrency shake. A trip to the lunar eclipse

It has been a busy week in the cryptocurrency market. This Friday, Babel Finance announced the temporary suspension of cryptocurrency withdrawals and the exchange of crypto assets, indicating that it was facing liquidity difficulties, which complicated payments to clients.

On Tuesday it was the turn of the Coinbase platform to announce the dismissal of more than a thousand workers, leaving alerts for the arrival of a “winter” in the world of cryptocurrencies. Earlier in the week, Celsius ran ink by freezing the polls.

Another black day in the world of cryptocurrencies. Celsius Platform Suspends Bitcoin Withdrawals and Sinks

Source: Observadora

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