Crypto crash Bitcoin price falls below 19,976.51$ for first time since 2020

A brutal day of losses unfolds as Bitcoin crosses under its previous cycle high for the first time in history

Crypto crash Bitcoin price falls below 19,976.51$ for first time since 2020

Bitcoin (BTC) achieved a bear market as BTC price action under $19000 support. 

The live Bitcoin price today is $19,976.51 with a 24-hour trading volume of $35,955,028,778.

Bitcoin is up 8.11% in the last 24 hours. The current CoinMarketCap ranking is #1, with a live market cap of $380,992,384,930 USD. It has a circulating supply of 19,072,018 BTC coins and a max. supply of 21,000,000 BTC coins.

The reason behind the decreased value of BTC is the United States Federal Reserve's comments on the inflation outlook. crypto markets bore the brut of a sell-off, which began after shock Consumer Price Index (CPI) figures last week.

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