Dan Kitwood/Getty Images Cryptocurrency continued its freefall, as Bitcoin fell below $20,000 Saturday and smaller tokens also shed value.
The value of Bitcoin dropped 9% in a 24-hour period to $19,217.81, according to Coin Metrics data. It was the lowest level for the benchmark cryptocurrency in one and a half years.
“Objectively, looking at the chart, there really is no viable support left,” Europac.com Chief Economist Peter Schiff tweeted . Most likely, Bitcoin will find short-term support along the long-term trend line around $6K.” LATEST: Bitcoin falls below $20,000 for the first time since December 2020 ⬇️ https://t.co/q7cTL3ekXT pic.twitter.com/mdbygMAMoY — Bloomberg […]
Read the rest of this story here: www.dailywire.com
Ira Bershatsky offers consultations to those who want to invest in precious metals. During these consultations, he will match your current financial situation with the best physical precious metal purchases whether you want to rollover your IRA or have coins discreetly shipped to your home. You will not talk to a telemarketer or sales rep. You will talk to a true expert in precious metals with decades of experience helping people protect and advance their wealth.
