Bitcoin Falls below $20,000 for first time since 2020

Bitcoin's price crashed below the $20,000 for the first time since December 2020. This happens as the entire market tumbles.

The popular crypto assets is currently trading at $18,655 as at the time of writing this line on Saturday 18 June 2022 according to CoinMarketCap data.

Ethereum also fell drastically below $1,000, another important psychology trading level, currently trading at $962.

There is a level of extreme fear in the crypto markets. The crypto fear and greed index has hit a value of 6, it's second-lowest level since August 2018, when it hit a value of 5.

Crypto fear and greed index at a value of 6
source: Alternative.me

Share this post: