Bitcoin dipped below $20,000 on Saturday

continuing a drop that has taken it down nearly 60% from its year high

Bitcoin , the world's biggest and best-known cryptocurrency

was last down 1.5% at $19,946 on Saturday

down $298 from its previous close

It is down 58.7% from the year's high of $48,234 hit on March 28

$48,234 hit on March 28

Bitcoin's fall comes after a weak day on Friday for the currency

which fell as Wall Street slumped with all three

benchmarks ending more than 3% lower

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