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Bitcoin drops below $21,000 briefly as crypto sell-off continues - superadmin - 06-14-2022 Bitcoin briefly dropped below $21,000 on Tuesday in Asia before bouncing back slightly, continuing its plunge as investors sold off risk assets. The world’s largest cryptocurrency fell around 10% in the past 24 hours, while ethereum tumbled more than 6% over the same period, according to Coinbase data. Crypto assets were hammered on Monday as trading platforms such as Celsius and Binance stopped withdrawals, and some companies cut jobs. Bitcoin briefly fell below $21,000 on Tuesday in Asia before bouncing back slightly, continuing its plunge as investors sold off risk assets. The world’s largest cryptocurrency fell around 10% in the past 24 hours, while ethereum tumbled more than 6% over the same period, according to Coinbase data. Bitcoin was last trading at $22,594.50 at 2.53 a.m. ET. “Everything is on fire right now, be it the equities, be it the crypto assets or anything,” said Nirmal Ranga, head of trading and technical analysis at crypto exchange ZebPay. - More -