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Bitcoin once again slips below $20,000

Bitcoin once again slips below $20,000

FILE PHOTO: A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 18, 2021. REUTERS/Edgar Su/File Photo

Bitcoin on Sunday dropped 1.54 per cent to $19,804, slipping from the 20,000 mark after losing $310 from its previous close.

The world's biggest and best-known cryptocurrency is down 58.9 per cent from the year's high of $48,234 on March 28.

Ether, the coin linked to the ethereum blockchain network, dropped 3.2 per cent to $1,422.1 on Sunday, losing $47 from its previous close.

Source: Reuters

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