Aaj TV English News - Technology https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Sat, 04 Apr 2026 14:13:10 +0500 Sat, 04 Apr 2026 14:13:10 +0500 60 Bitcoin drops below $20,000 to lowest since December 2020 https://english.aaj.tv/news/30289714/bitcoin-drops-below-20000-to-lowest-since-december-2020 <p>Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates.</p> <p>The biggest cryptocurrency was down 7.1 per cent to $18,993 at 0906 GMT, having earlier touched $18,732, its lowest since December 2020.</p> <p>It is down about 59 per cent this year, while rival cryptocurrency Ethereum-backed ether is down 73 per cent.</p> <p>The digital currency sector has been pummelled this week after cryptocurrency lending company Celsius froze withdrawals and transfers between accounts.</p> <p>The sector has also suffered losses after companies such as Coinbase Global Inc, Gemini and Blockfi said they would lay off thousands of employees as investors ditch risky assets.</p> Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates.

The biggest cryptocurrency was down 7.1 per cent to $18,993 at 0906 GMT, having earlier touched $18,732, its lowest since December 2020.

It is down about 59 per cent this year, while rival cryptocurrency Ethereum-backed ether is down 73 per cent.

The digital currency sector has been pummelled this week after cryptocurrency lending company Celsius froze withdrawals and transfers between accounts.

The sector has also suffered losses after companies such as Coinbase Global Inc, Gemini and Blockfi said they would lay off thousands of employees as investors ditch risky assets.

]]> Technology https://english.aaj.tv/news/30289714 Sat, 18 Jun 2022 19:30:25 +0500 none@none.com (Reuters) Photo: Reuters/File.