Bitcoin clawed its way back from a weekend low-point, managing to hit more than $20,500 on Monday. The popular cryptocurrency’s price fell below $20,000 Saturday and continued dropping Sunday to a low of $17,786.
The last time thewas worth less than $20,000 was at the end of 2020, when it began its meteoric rise in value to peak at more than $67,000 in November.
Bitcoin, along with other cryptocurrencies, haveas coin holders sold their holdings due to the . The decline in value has affected crypto exchanges, with .