Bitcoin Loses $20,000 Grip, Extends Consolidation For 2nd Straight Day

As a result of last week’s remarkable surge, Bitcoin is now seeing one of its largest drops in recent months.
After starting the week at $18,742, the coin’s price jumped to a staggering $22,537 on September 14, a gain of 15% over its September 7 low. Since the market bottomed in June, this rally has been its strongest.
Bitcoin’s steep 14 percent correction during the crash almost entirely nullified this gain. Bitcoin’s value dropped from $22,536 to $19,735