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Bitcoin drops 6.5% to below $20,000 -Breaking


© Reuters. FILE PHOTO A neon sign for cryptocurrency Bitcoin can be seen in the Crypstation café, downtown Buenos Aires (Argentina), May 5, 2022. Picture taken May 5, 2022. REUTERS/Agustin Marcara

(Reuters) – Dropped 6.53% at $19,106.37 on Saturday. It lost $1,334.33 since its previous close.

It fell to $19,047.61 earlier in the day. This is its lowest point since December 2020.

Bitcoin has fallen 59%, while Ethereum is down 73%.