Bitcoin price drops below $ 23,000

Bitcoin price drops below $ 23,000 as Crypto Lender Celsius Stops Withdrawal

The cryptocurrency fluctuations since November have contributed to the nearly $ 2 billion crash in the broader market.

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Bitcoin fell more than 60% from its peak in November. The Bitcoin selloff, caused by the slowdown in the buying turmoil that has pushed it further, is now the fourth deepest in its 13-year cryptocurrency history.

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On Monday, bitcoin fell 15% to $ 23,250.72, according to Dow Jones Market Data. That is down 20% from Friday, and 66% from November high of $ 67,802.30.

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Bitcoin inflation since November has contributed to the nearly 2 billion extinction in the broader market. Crypto market capitalization, which rose in November by nearly $ 3 billion,

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stood at about $ 975 billion on Monday evening, according to data provider CoinMarketCap. How many dollars does one bitcoin buy? Source: CoinDesk

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stood at about $ 975 billion on Monday evening, according to data provider CoinMarketCap. How many dollars does one bitcoin buy? Source: CoinDesk

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With unrest in the crypto market over the weekend, the widely used cryptocurrency currency has stopped customer withdrawals. Celsius Network LLC said it was suspending all withdrawals

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