Bitcoin Price Continues to Crash as Value Falls Below $20K

Bitcoin (BTCUSD) has fallen 8.63% of the past week, fell through the $20,000 and is trading around $19,750 as of 12 July, 2022.

The continued crash of Bitcoin erases almost 18 months of gains, and 66% of the market cap value.

At it’s all time high Bitcoin was trading around $69,000, in November 2021.

The crash of Bitcoin and other cryptocurrencies follows souring investor sentiment —and analysts sentiment that cryptocurrencies will experience another significant price drop.

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