Bitcoin price crashes to 2020 level as crypto battering continues

Bitcoin price crashes to 2020 level as crypto battering continues

Bitcoin has dropped 75% since reaching a record high of $69,000 in November 2021. Photo: Getty

Bitcoin fell alongside equity markets on Monday, dipping below $17,000 (£20,774) to prices not seen since October 2020.

Bitcoin (BTC-USD) fell 2.1% in the past week, dipping below $17,000 to $16,761.

Around $2tn in value has been wiped from the combined crypto market in just over 12 months, according to Coingecko.

Check: Crypto live prices

Risky assets such as cryptocurrencies and stocks are still…


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