Bitcoin once again slips below $20,000

September 18, 2022 6:16 AM EDT

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

(Reuters) - Bitcoin on Sunday dropped 1.54% 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% from the year's high of $48,234 on March 28.

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

(Reporting by Rachna Dhanrajani in Bengaluru, Editing by William Maclean)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Reuters

Related Entities

Bitcoin