Bitcoin Dips Below $20,000 for a Sixth Session as ‘Fear’ Sets In
- Largest cryptocurrency kicks off another September swoon
- Token hasn’t traded consistantly at this level since July
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Bitcoin fell below $20,000 for a sixth consecutive trading session, the longest stretch of days that it has dipped under that closely-watch level since the crypto market was rocked by turmoil in July.
The largest cryptocurrency by market value declined as much as 3.1% to $19,577 on Thursday. Most other digital tokens were also lower, with Ether dropping 1%, Avalanche off 3.9% and Solana down 4.3% as of 1:58 p.m. in New York.