Cryptocurrency Prices Today on July 21: Bitcoin tumbles below $30,000

Cryptocurrency Prices on July 21: The tumble in bitcoin's price came after a sell-off in global markets, sparked by a surge in COVID-19 infections

Most major cryptocurrencies have slid in the past 24 hours, with bitcoin trading below $30,000 for the first time in four weeks.

Bitcoin, the world's largest cryptocurrency fell as much as 5 percent to $29,300, its lowest since June 22, Reuters reported. It is currently trading at above $29,700.

Ether down less than 1 percent, while Binance Coin is down 3 percent.

The global cryptocurrency market capitalisation is currently $1.20 trillion, a decline of 2.58 percent in the past 24 hours.

The tumble in bitcoin's price came after a sell-off in global markets, sparked by a surge in COVID-19 infections. The Dow Jones Industrial Average fell 2.1 percent on July 19, its worst day since October 2020.

Most major cryptocurrencies have slid in the past 24 hours, with bitcoin trading below $30,000 for the first time in four weeks.

Bitcoin, the world's largest cryptocurrency fell as much as 5 percent to $29,300, its lowest since June 22, Reuters reported. It is currently trading at above $29,700.

Ether down less than 1 percent, while Binance Coin is down 3 percent.

The global cryptocurrency market capitalisation is currently $1.20 trillion, a decline of 2.58 percent in the past 24 hours.

The tumble in bitcoin's price came after a sell-off in global markets, sparked by a surge in COVID-19 infections. The Dow Jones Industrial Average fell 2.1 percent on July 19, its worst day since October 2020.