Bitcoin trades at its lowest levels since December 2020.

June 18, 2022

The price of the leading cryptocurrency bitcoin fell below $20,000 today.

Bitcoin is currently trading at its lowest levels in the last 18 months.

The largest cryptocurrency by market capitalization is down nearly 60% this year

Bitcoin briefly traded at $18,732, its lowest since December 2020.

The entire crypto market plummeted this week after crypto lending company Celsius froze withdrawals and transfers between accounts.

The market cap of all the cryptocurrencies has lost $300 billion since last Friday.

Bitcoin is expected to fall in the near term as the leading cryptocurrency finds bottom.