Breaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse By Cointelegraph

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© Reuters

(BTC) briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “crypto-bank” Silvergate.

The price of BTC dipped to $19,945 on March 10 before recovering to hover just above $20,000, according to data from CoinMarketCap.

Price chart of Bitcoin over the last seven days. Source: Cointelegraph Markets Pro