Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours

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Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours
News & Feeds

Bitcoin Struggles To Breach $40,000 Level, Down 4% In Last 24 Hours

Bitcoin isn’t the king of cryptocurrency for nothing. Most major cryptocurrencies have dipped incredibly low on Saturday, and that includes Bitcoin (BTC) but it doesn’t seem to budge.

Bitcoin was trading at $39,510 late Friday, down 4%, based on charts by Coingecko, which signals dangerous waters in trading. Traders have incurred monumental losses in equity with this trend.

It’s a consolation though that right now Bitcoin and other cryptocurrencies are frequently linked to stocks in terms of volatility in interest rates and market values.

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https://www.newsbtc.com/news/bitcoin/bitcoin-struggles-to-breach-40000/