Bitcoin has fallen sharply over the last 24 hours, moving away from the key $20,000 per bitcoin level.

The bitcoin price lost over $1,000 in a matter of hours, down over 5%, with cryptocurrency traders eyeing sharper falls for other major tokens ethereum, Ripple’s XRP, litecoin and chainlink—all down around 10% and wiping billions of dollars from the combined value of the world’s cryptocurrencies.

With bitcoin dropping under $18,000 per bitcoin for the first time this month, traders are…