Bitcoin (BTC) slumped on Wednesday, sinking below a key support level and triggering mass liquidations across the crypto market. The token’s latest slump appears to be directly tied to a drop in major U.S. technology stocks. BTC sank over 5% in the past 24 hours, and is trading around $38,500 as of writing. In comparison,

The post Bitcoin’s (BTC) Latest Tumble Below $40k Was Triggered By This appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Bitcoin Mining Takes Up 0.6% to 2.3% of US Electricity Consumption – Report

After tracking electricity consumption from the United States Bitcoin mining activities, it was reported that the industry takes as much as...