"Bitcoin's Price Dips Below $39K in First Mover Americas"

1 min read
Source: CoinDesk
TL;DR Summary

Bitcoin slips below $39,000, hitting its lowest level since December, as institutional sales from newly launched ETFs continue to weigh it down, causing average declines in the broader crypto market. FTT, the native token of bankrupt crypto exchange FTX, rises as much as 11% after FTX's bankruptcy estate dumps 22 million shares of Grayscale's GBTC bitcoin ETF. Meanwhile, Donald Trump reiterates his opposition to central bank digital currencies at a rally in New Hampshire, crediting former Republican candidate Vivek Ramaswamy for the policy.

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