Bitcoin Slips Below Crucial $40K Level, Taking Ethereum, Dogecoin Down With It: US Treasuries, Russia, Outflows And More That's Weighing

Major coins continued to bleed Thursday evening as the global cryptocurrency market cap declined 2.3% to $2 trillion. What Happened: Bitcoin (CRYPTO: BTC) traded 2.5% lower over 24 hours at $39,856.72 over 24 hours.