LONDON (AP) — The price of bitcoin has fallen below $20,000 for the first time since late 2020, in a fresh sign that the selloff in cryptocurrencies is deepening. Bitcoin, the most popular cryptocurrency, fell below the psychologically important threshold on Saturday. It dropped by as much as 9% to less than $19,000 and hovered around that mark, according to cryptocurrency news site CoinDesk. The last time bitcoin was at this level was in November 2020, when it was on its way up to an all-time high. Bitcoin has now lost more than 70% of its value since reaching that peak. It’s the latest sign of turmoil in the cryptocurrency industry amid wider turbulence in financial markets.