Bitcoin drops below $20,000.

Bitcoin was able to fall below the psychologically significant threshold of $20,000 on Saturday, in the very first time since the end of 2020.

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The price of the most well-known cryptocurrency plunged as low as 9.7 percent to less than $18,600 in the evening on the East Coast.

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In some instances during the course of the day, this was lower than $18,000.

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The last time Bitcoin reached that level was in November of 2020.

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Many in the industry thought that it wouldn't drop below $20,000 for the second time.

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Ethereum is a different cryptocurrency that has been on the decline lately, suffered another plunge on Saturday.

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Bitcoin has fallen by more than 70 percent of its value since the time it hit its highest.

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Joe biden falls while riding his bike.

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