Bitcoin falls below $19,000; Here's the reason
Updated: 19 Sep 2022, 11:53 AM IST
TL;DR.The largest digital token Bitcoin sank as much as 6.7% and was trading at $18,500 as of 7:10 a.m. in London. Ether shed up to 6.2%, struggling to hold the $1,300 mark. Coins like XRP and Polkadot posted heavier losses.
FILE PHOTO: A neon logo of cryptocurrency Bitcoin is seen at the Crypstation cafe, in downtown Buenos Aires, Argentina, May 5, 2022. REUTERS/Agustin Marcarian/File Photo