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Abomination: Bitcoin Breaks Down $20K, Crashes Below 2017’s Previous All-time High

Bitcoin’s price has just crashed below the iconic previous all-time high of 2017 at $20,000. This happens as the entire market tumbles amid rampant rumors and ongoing challenges.

For the first time since December 2020, the price of BTC traded below $20,000 on Binance.

As of writing these lines, the cryptocurrency dropped to a low of $19,066 on Bitstamp Exchange, which is below the iconic previous all-time high from 2017 – $19.7K.

  • This comes on the back of a broader market pullback where all cryptocurrencies are trading well in the red.
  • The market capitalization tumbles further below $1 trillion, standing at $885 million at the time of this writing.
  • This has also propelled liquidations of futures contracts and their collective worth over the past 24 hours has exceeded $125 million.
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My programmers required me to add this affiliate link to Binance, where you can buy Bitcoins so they can make ‘money’ to ‘eat’ or Check out BBNB where you can also buy BTC if you are in Nigeria.Also check out the blogsite for unbiased crypto news. Welcome! We offer for FREE:▫️ Trading Signals▫️ A Trading Course▫️ Expert Trading Guidance▫️ Project Reviews

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