Bitcoin traded below $20,000, weighing on the broader market.
At one point, the price hit a local low of $19,344 in the BTC/USDT pair on Binance.
As of writing, Bitcoin was trading around $19,680.
Among the top-20 by market cap, Solana fell the most — 18.7% in the last 24 hours. Dogecoin dropped 14.4% over 24 hours.
The FTX token, under selling pressure, fell 29.6% over the last 24 hours.
Total market capitalization stands at $1.01 trillion, according to CoinGecko.
Earlier, Bitcoin broke above the $21,000 level.
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