Bitcoin price loses $20K, ETH price drops 8% after ‘monumental’ Ethereum Merge

Bitcoin price loses $20K, ETH price drops 8% after ‘monumental’ Ethereum Merge

Bitcoin (BTC) spent a second day threatening $20,000 support on Sept. 15 as markets processed the Ethereum (ET Merge.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

BTC stuck between price magnets’

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking below $20,000 again overnight to recover marginally above the boundary for a brief period.

The largest cryptocurrency broadly failed to regain lost ground after surprise United States inflation data on Sep. 13…


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