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Bitcoin briefly dips below $40,000 for the first time this year - TL;DR CNBC

Bitcoin briefly dips below $40,000 for the first time this year

Publishing timestamp: 2024-01-22 16:21:29


Summary

Bitcoin extended its losses, falling below $40,000 for the first time this year. The rest of the crypto market was also pulled down. The decline is attributed to the correction phase following the launch of several spot bitcoin exchange-traded funds in the U.S. Analysts warn that there may be further falls in the near future. Other cryptocurrencies also saw significant declines.


Sentiment: NEGATIVE

Tickers: ETH.CM=SOL.CM=BTC.CM=XRP.CM=

Keywords: ethereum/usd coin metricsbusiness newsuniswap/usd coin metricscryptocurrencysolana/usd coin metricsbitcoinbreaking news: marketsbreaking news: investingripple/usd coin metricstechnologyinvestment strategymarketsbitcoin/usd coin metrics

Source: https://www.cnbc.com/2024/01/22/bitcoin-briefly-dips-below-40000-for-the-first-time-this-year-.html


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