Crypto Assets Drop As Markets Close Choppy Day

Bitcoin was trading under $20,000 again after June’s ups and downs. Bitcoin’s move below $20,000 was not as critical as it was last month but developments in the crypto space are still certainly noteworthy as it repeatedly dipped below $20,000.

Major crypto assets continued falling on Tuesday amid a choppy market. Bitcoin traded at $19,384, down by 5.25% in the past 24 hours, while ether slid further, down 8.54% to $1,040. A move below $17,500-$18,500 support could accelerate the selloff, while a break of $19,500 may also signal further pain to come.