The most popular cryptocurrency, Bitcoin, has significantly lost in value, dropping below the psychological mark of $ 30,000, CoinDesk reported on Tuesday, July 20. So, as of 9:30 Kyiv time, the bitcoin price fell by 6.54% and reached $ 29,710. Subscribe to LIGA. Business on Facebook: top business news The total value of the market capitalization of bitcoin has fallen to almost $ 557 billion. The drop in capitalization per day amounted to about $ 21 billion. According to CNBC, the fall in bitcoin occurred after a big sell-off in global stock markets. Monday was the worst day for the Dow Jones Industrial Average since October last year. A drop in bitcoin below $ 30,000 could be the start of a movement towards a mark between $ 22,000 and $ 24,000. So says Vijay Ayyar, head of business development at the Luno cryptocurrency exchange. Read also Subscribe to LIGA. Business in Telegram: only important Natalia Sofienko If you notice a spelling error, select it with the mouse and press Ctrl + Enter.