September 27, 2022

The BTC rate fell below the ATH level of 2017

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On the morning of June 18, 2022, the price of Bitcoin (BTC), contrary to the expectations of most cryptanalysts, fell below the peak of the previous bull cycle (All-Time-High, ATH). The price of the leading digital asset fell to $19,265.

At the time of writing, the price of BTC has fallen to $19,265, which is below the ATH of 2017, when the price reached $19,700. The loss of the market capitalization of the flagship crypto asset over the past day was 7.68%. The total money supply of virtual coins decreased by $64 million and amounted to $848 million.

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