Bitcoin Dips Below $20,000.

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Bitcoin dipped below $20,000, continuing a drop that has taken it down nearly 60% from its year high.

Bitcoin , the world’s biggest and best-known cryptocurrency, was last down 1.5% at $19,946, down $298 from its previous close.

It is down 58.7% from the year’s high of $48,234 hit on March 28.

Ether , the coin linked to the ethereum blockchain network, meanwhile dipped 2.76 % to $1,467.2, losing $41.60 from its previous close.

Bitcoin’s fall comes after a weak day on Friday for the currency; which fell as Wall Street slumped with all three benchmarks ending more than 3% lower.


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