Bitcoin extends losses, drops below $19,000
The price of Bitcoin slid under $19,000 on Saturday, just hours after hitting its 18-month low of $20,000 per coin.
The world's most famous cryptocurrency fell by 7.08% against the dollar, going for $18,995 at 5:39 am ET, with its lowest price today being $18,749.
The drop comes amid growing concerns about rising inflation and worries about the world's largest economy making its most aggressive move on rates in nearly three decades.