On Monday, the most popular cryptocurrency, bitcoin (BTC), dropped below the USD 40,000 level for the first time since August 2021, while ethereum (ETH) dived below USD 3,000 for the first time since October. However, the dip was short-lived as both top cryptoassets rebounded sharply soon after.
BTC slipped below USD 39,700, before moving back above USD 41,700, while ETH tested USD 2,920 and rallied above the USD 3,075 level again….
Read More: Bitcoin, Ethereum Rally Back After Breaking Crucial Levels, USD 225M Liquidated