market

Bitcoin tanks below $40K, hits lowest level since ETF launch: Key reasons behind the fall explained


Cryptocurrency markets were trading in the red on Tuesday after Bitcoin, the world’s largest crypto token, fell below $40,000 for the first time since the launch of 11 spot Bitcoin exchange-traded fund (ETF) on January 11. In Tuesday’s trade, the global cryptocurrency market cap declined 2.74% to around $1.57 trillion in the last 24 hours.



READ SOURCE

Readers Also Like:  Trader Tom Hayes vows to fight on in bid to clear his name as Court of Appeal upholds Libor rigging conviction

This website uses cookies. By continuing to use this site, you accept our use of cookies.