If you loved Bitcoin at $69k, you'll love it at sub $20k
Bitcoin drops below its 2017 all-time high...
The crypto market continuously seems to never catch a break. Bitcoin specifically has been getting pummeled as the “all-star” of cryptocurrencies and as of today, Bitcoin dropped below $20,000.
$20,000 was the all-time high of the currency in 2017 and for the first time since December 2020, Bitcoin is once again trading on Binance at that level.
This comes as the broader market is experiencing a sell-off where all currencies are currently experiencing a blood bath. Market cap has also shed some value, falling below the $1 Trillion mark and currently sitting at $885 Million.
Liquidations are also rising for futures contracts as investors look to navigate the questionable time of uncertainty in the crypto market. Future contracts, within the last 24hrs, have exceeded $125 Million.
What comes next for Bitcoin and the rest of the crypto market?