Bitcoin declined to less than $40,000 earlier today, reaching a more-than three month low. Several analysts offer their point of view on why this happened and what market observers should know.
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BTC/USD$ 94,289.26 1.02%
ETH/USD$ 3,247.25 0.03%
USDT/USD$ 1.00 0.00%
XRP/USD$ 2.34 2.62%
BNB/USD$ 691.88 0.67%
SOL/USD$ 186.71 1.00%
DOGE/USD$ 0.333214 2.34%
USDC/USD$ 1.00 0.01%
ADA/USD$ 0.922128 0.14%
STETH/USD$ 3,246.05 0.03%
TRX/USD$ 0.243566 1.15%
SUI/USD$ 5.07 5.40%
AVAX/USD$ 36.32 1.06%
WSTETH/USD$ 3,875.07 0.66%
TON/USD$ 5.39 3.44%
SHIB/USD$ 0.000022 1.38%
LINK/USD$ 20.03 0.49%
XLM/USD$ 0.409896 3.33%
WBTC/USD$ 94,267.26 0.99%
HBAR/USD$ 0.279403 2.17%
DOT/USD$ 6.68 0.78%
WETH/USD$ 3,251.22 0.14%
BCH/USD$ 442.91 4.49%
LEO/USD$ 9.41 3.58%
UNI/USD$ 13.70 3.45%
BGB/USD$ 6.78 5.24%
LTC/USD$ 103.34 0.39%
PEPE/USD$ 0.000018 2.62%
HYPE/USD$ 20.31 4.13%
WEETH/USD$ 3,432.68 0.02%
NEAR/USD$ 5.05 0.15%
USDS/USD$ 0.999406 0.07%
USDE/USD$ 0.999637 0.05%
APT/USD$ 9.04 3.51%
ICP/USD$ 10.21 1.01%
AAVE/USD$ 282.79 1.33%
MNT/USD$ 1.17 0.74%
CRO/USD$ 0.142232 2.54%
POL/USD$ 0.455926 1.12%
ETC/USD$ 25.48 1.62%
OM/USD$ 3.91 0.56%
RENDER/USD$ 7.17 0.94%
VET/USD$ 0.044842 0.97%
XMR/USD$ 195.97 2.19%
TAO/USD$ 435.81 1.30%
FET/USD$ 1.32 0.01%
DAI/USD$ 1.00 0.02%
TKX/USD$ 42.27 1.90%
FIL/USD$ 5.16 1.68%
ARB/USD$ 0.740907 1.04%