The cryptocurrency lost more than 70 percent of its value to its record high.
(Photo: Reuters)
Dusseldorf The next important price mark has fallen for Bitcoin: On Saturday, the oldest and most important cryptocurrency slipped below $19,000 for the first time since mid-December 2020. On a seven-day view, the loss is now more than 30 percent. The second most important cyber currency Ethereum also continued to fall and was listed below the $1000 mark – this is also the lowest level since December 2020.
According to data from the analysis company Coinmarketcap, Bitcoin was most recently at around $18,930. This means that the next two important support levels have fallen: the psychologically important round mark of $20,000 and the $19,511 threshold. That was the highest point in the Bitcoin rally of 2017.
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