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Bitcoin falls below key $40k threshold amid continued sell off
Bitcoin has plunged below the critical threshold of $40,000, marking a significant downturn in the cryptocurrency’s value. Bitcoin was trading at $39,640 as of press time, down 18% from its peak of $49,000 earlier in January. The decline to around $40,000, Bitcoin’s lowest level since mid-December of the previous year, …
GIL 
Bitcoin dips to lowest level since Dec. 12 before bouncing as buyers hold $40k threshold
Bitcoin slumped to as low as $40,280 on Jan. 19, its lowest level since Dec. 12, 2023, before rebounding to $41,979 after four hours of consistent sell pressure that liquidated most long positions on major exchanges. As of press time, Bitcoin traded at $41,609 after failing to breach $42,000. Meanwhile, …
Why Bitcoin Price (BTC) Flash Crashed to $40K? Here’s What Crypto Analysts Say
BTC dropped to a low of $40,800 from around $45,000 within hours during early Wednesday, CoinDesk Indices data shows, roughly around the time when Singapore-based digital asset firm Matrixport published a report penned by Markus Thielen forecasting the U.S. Securities and Exchange Commission to reject all spot bitcoin ETF applications, …
