Cryptocurrencies extended their slide Wednesday, with bitcoin on the verge of falling below $20,000 for the first time since December 2020.
Bitcoin’s price fell as low as $20,111 in early U.S. trading and was only marginally higher in the afternoon. Most recently, it was at $20,655, down 6.1% from Tuesday’s 5 p.m. ET price and off 70% from a high of $67,802.30 reached in November 2021, according to Dow Jones Market Data.
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