Bitcoin's Price Plummets, Threatening $40,000 Support
TL;DR Summary
Bitcoin experienced a sudden 7.5% drop towards $40,000, causing concerns about the stability of its 2023 rally. The cryptocurrency market as a whole also faced a selloff, with Bitcoin eventually recovering some of its losses to trade 3.7% lower at $42,165.
- Bitcoin’s (BTC) 2023 Rally Wobbles in Sudden 7.5% Drop Toward $40,000 Bloomberg
- Bitcoin wipes nearly a week of gains in 20 minutes, falling under $41K Cointelegraph
- BTC, ETH, SOL and Major Altcoins Begin Asia Business Day in Deep Red CoinDesk
- Bitcoin price crash liquidates $310 million positions ahead of US CPI and interest rate decision FXStreet
- Bitcoin Breaks Below the Support; Will the Correction Drag the BTC Price Below $40,000? Coinpedia Fintech News
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