After failing to reclaim $40,000, bitcoin took another hit and dumped once more to its lowest price point in over a month. The alternative coins are also in bad shape, with Ethereum sliding to $2,800, Solana breaking below $100, and many other examples.
Bitcoin Dumps to $38K
It’s safe to say that the past several days didn’t go all that well for the primary cryptocurrency. It all started on April 21 when the asset tried its hand at taking down $43,000 but failed in its tracks.
The subsequent rejection, propelled by the bears, pushed it south hard, and BTC found itself dipping to $40,000 hours later. However, that was not all as the adverse price developments continued.
As reported over the weekend, bitcoin slipped below $40,000 for the second time in a week. It tried to recover above that level but was rejected once more.
As such, it dropped to $39,000 before going further down to just over $38,000 a few hours back. This became its lowest price tag since March 15. As of now, it has
We współpracy z: https://cryptopotato.com/crypto-markets-lost-80b-as-bitcoin-dumped-to-40-day-lows-market-watch/
