Bitcoin Breaches $19,000, Ethereum Dips Below $1,000

[Triedboy]

The crypto market started the weekend with new lows as Ethereum and Bitcoin fell below key support levels. An early Saturday morning slide saw Ethereum slip below the key support level of $1,000, and Bitcoin fall as low as $18,905, representing significant new lows in already bearish crypto market, according to CoinMarketCap.

Ethereum dropped precipitously from $1,076 to $986 in less than two hours. Bitcoin is down nearly 10% for the day, and continues to hover below the $20,000 mark at press time. The last time Bitcoin was in the $19,000 range was December 2020. Back then, hitting $19,450 was called a "surge" tied to proposed U.S. regulation of stablecoins.more