Bitcoin exchange rate fell below 20000 for the first time

Bitcoin exchange rate fell below $20,000 for the first time since December 2020

Bitcoin price continues to fall. In the last 24 hours, the price of the world’s most popular cryptocurrency has fallen below $20,000, most recently in mid-December 2020.

    Image source: Pixabay

Image source: Pixabay

Bitcoin has lost more than 7% in price over the past day, according to the largest cryptocurrency exchange Binance. At the time of writing, one bitcoin was worth about $19,125. The CoinMarketCap platform, which allows you to calculate the average cost for more than 20 exchanges, reported that the price of bitcoin has increased by 6.5% in the last 24 hours down to $19,554 per unit. Data from the CoinDesk platform suggests an 8.91% drop in the Bitcoin exchange rate to $19,227.

    Image source: CoinDesk

Image source: CoinDesk

The ongoing devaluation of the world’s most popular cryptocurrency is negatively impacting many other digital currencies. The price of Ethereum, the second most popular cryptocurrency in the world, fell 8.86% to $999.29 per unit, Binance Coin lost 8.78% ($200.05), XPR price fell 9.02% ( $0.30). The exchange rate of meme cryptocurrency Dogecoin is down 8.32% to $0.052 per coin over the past day.

About the author

Robbie Elmers

Robbie Elmers is a staff writer for Tech News Space, covering software, applications and services.

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