Neowin®

The last 24 hours have seen extreme market volatility which has now pushed the market capitalization of cyptocurrencies to below the $1 trillion mark for the first time since January 2021.

Bitcoin has finally become worth more than $20,000. The cryptocurrency has been lingering in the $19,000 price range for a while now. The price rise could boost people's interest in the asset.

Following a $3,000 crash last week, bitcoin has recovered and is now in touching distance of $20,000. Bullish observers think bitcoin will continue to aim for highs above $20,000 in the future.

The price of Bitcoin took a big hit earlier today when the price declined by around $3,000. The price is still higher than earlier this month but it could mark the start of a bigger decline.

The price of bitcoin has reached $15,000 for the first time since 2018. It comes as the US presidential race comes down to the wire with ballots being counted in a handful of crucial states.