Bitcoin continues its losses, dropping about 60% to below $ 20 thousand on Sunday morning.


According to Arab Net, Bitcoin, the largest and most famous cryptocurrency in the world, fell in its latest trading 1.07% to $ 19,134 on Sunday morning.


Thus, it has fallen by 58.7%, from its highest level this year of 48,234 dollars, which was recorded on March 28, according to Reuters.


Meanwhile, Ether, the second largest cryptocurrency, fell 2.76%, to $1,467.2, down $41.60 from its previous close.


Bitcoin's decline comes after a weak day for the currency on Friday, as it fell as Wall Street fell and its three major indices closed down more than three percent.