Bitcoin’s price has dropped about 12% in the last 24 hours, losing nearly $2,000 since the Celsius news broke, to $23,510.15 as of 9:33 AM ET, according to Coinbase. The price of Bitcoin reached that low in December 2020, and it peaked at $69,000 on November 9th, 2021. Today’s decrease extends a 12-week decline that began at $49,000 in March, according to CoinDesk.
The same is true for Ethereum, which has fallen almost 14% in the previous day, falling from $1,355 prior to the Celsius news to around $1,238 as of 9:33 AM ET. It likewise peaked on November 9th of last year, reaching $4,891.
