Bitcoin tips over 8%, holds $40,000 level
Bitcoin lost greater than 8 percent to continue to be at simply above $40,000, down around $3,700 from its previous close, in the past 1 day.
Bitcoin, which is the world's largest online currency in terms of market capitalisation, is down 15.3 percent from the year-to-date high of $47,989 set on January 2.
Bitcoin market cap went to $766.51 billion, while quantity was $1.26 billion in the past 24 hours, according to CoinDesk data.
Bitcoin has experienced an unstable pattern over the past year - the digital currency oscillated in between a high of near $69,000 as well as a reduced level of $28,825.76.
Ether, the cryptocurrency linked to the ethereum blockchain network, also dropped more than 8 percent to $2,884, down $231.92 from its previous close.
Bitcoin, which is the world's largest online currency in terms of market capitalisation, is down 15.3 percent from the year-to-date high of $47,989 set on January 2.
Bitcoin market cap went to $766.51 billion, while quantity was $1.26 billion in the past 24 hours, according to CoinDesk data.
Bitcoin has experienced an unstable pattern over the past year - the digital currency oscillated in between a high of near $69,000 as well as a reduced level of $28,825.76.
Ether, the cryptocurrency linked to the ethereum blockchain network, also dropped more than 8 percent to $2,884, down $231.92 from its previous close.