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Bitcoin Sinks Below $39,000 as Market Pressure Intensifies

23-01-2024

Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $40K barrier on Monday, the leading crypto asset further depreciated by 5.3% relative to the U.S. dollar within the last 24 hours.