Bitcoin dipped below $20,000

Milan, The Gulf Observer: Bitcoin dipped below $20,000, continuing a drop that has taken it down nearly 60% from its year high.

Bitcoin, the world’s biggest and best-known cryptocurrency, was last down 1.5% at $19,946, down $298 from its previous close.

It is down 58.7% from the year’s high of $48,234 hit on March 28.