The decline to around $40,000, Bitcoin's lowest level since mid-December of the previous year, has been driven by a sustained sell-off amid a series of macroeconomic and market-specific factors.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

	Forwarded this email? Subscribe here for more Bitcoin falls below key $40k threshold amid continued sell off The decline to around $40,000, Bitcoin's lowest level since mid-December of the previous year, has been driven by a sustained sell-off amid a series of macroeconomic and market-specific factors. Jan 23   READ IN APP   Happy Tuesday! The global crypto market cap is $1.53 trillion, with a 24-hour volume of $78.09 billion. The price of Bitcoin is $39,372.94, and BTC market dominance is 50.3%. The price of Ethereum is $2,219.74, and ETH market dominance is 17.4%. The best-performing sector is Jobs, which gained 21%. The Crypto Fear & Greed Index is currently Neutral (50). Top News Bitcoin falls below key $40k threshold amid continued sell off The decline to around $40,000, Bitcoin's lowest level since mid-December of the previous year, has been driven by a sustained sell-off amid a series of macroeconomic and market-specific factors. Bitcoin tumbles under $39,000 triggering $115M liquidation in 1 hour The crypto market appears shaken as Bitcoin and Ethereum prices tumbled to new local lows. Bitcoin ETFs expected to launch in Hong Kong by mid-2024 Multiple firms are looking to launch spot Bitcoin ETFs within the coming months now that Hong Kong has softened its stance toward the industry. Latest Insights BlackRock ETF inflows hit $260 million as Grayscale records massive Bitcoin outflow Bitcoin falls 20% from YTH high with further 5% daily drawdown in cascading liquidation event Grayscale Bitcoin Trust balance sees 12% reduction as FTX bankruptcy stirs $3.5 billion outflow Could Binance be on the verge of taking back its lead from CME in futures markets? More News Why is so much old and hodled Bitcoin on the move but UTXOs and exchanges remain unaffected? CryptoSlate analysis found large Bitcoin transactions linked to ETF activity driving up CDD and A2VR. Crypto investment products see first outflows of the year amid Bitcoin’s ‘very high trading volumes’ High-cost ETF issuers in the United States have reported substantial outflows from their funds since spot BTC ETFs were launched. Tornado Cash developers to receive funding from new legal defense DAO Fundraisers brought in over $68,000 during the first several hours. Prominent crypto lawyer criticizes SEC overreach in Ripple lawsuit, advocates for financial freedom Crypto lawyer John Deaton deems SEC's lawsuit against Ripple an attack on personal liberties, highlighting the broader fight for financial freedom in America. Bearish Bitcoin leads to tumble in crypto stocks, with Coinbase taking a hit JPMorgan downgraded Coinbase shares to underweight because of the current market conditions. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe