Bitcoin drops below $20,000 as cryptos feel the heat over interest rate hawkishness

Published by Euronews (English) Bitcoin had a rude awakening on Monday after its price briefly dropped below $20,000 (just under €20,000) following tough comments on interest rate hikes from the US Federal Reserve chief. Bitcoin, the largest cryptocurrency by market capitalisation, was trading down 2 per cent at around $19,526, according to Coin Metrics data. […]