Bitcoin Plunges Below $20,000 for First Time Since End of 2020 The crypto sell-off continues. By Orbit Brain June 19, 2022 0 283 views Bitcoin continued to fall Saturday, dropping beneath $20,000. The final time the cryptocurrency was price much less was on the finish of 2020, when it started its meteoric rise in worth to peak at greater than $67,000 final November. Bitcoin, together with different cryptocurrencies, dropped dramatically all through 2022 as coin holders offered their holdings because of the downturn of the economic system. The decline in worth has affected crypto exchanges, with Coinbase and Crypto.com saying they’d lay off a portion of their workforces. Regulators and legislators have set their eyes on crypto, with the US Securities and Change Fee investigating cryptocurrency trade Binance, and legal guidelines in state homes seeking to put the brakes on crypto mining.Share this:FacebookXPrintEmailLinkedInRedditTwitterTumblrPinterestTelegramWhatsApp Orbit Brainhttps://orbitbrain.com/ Orbit Brain is the senior science writer and technology expert. Our aim provides the best information about technology and web development designing SEO graphics designing video animation tutorials and how to use software easy waysand much more. Like Best Service Latest Technology, Information Technology, Personal Tech Blogs, Technology Blog Topics, Technology Blogs For Students, Futurism Blog.
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