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Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K

The price appears to have stabilized after a nearly weeklong downdraft that marked one of the cryptocurrency’s worst-ever starts to a year.

Bitcoin's daily price chart shows the cryptocurrency rebounding after a six-day losing streak. (TradingView/CoinDesk)
Bitcoin's daily price chart shows the cryptocurrency rebounding after a six-day losing streak. (TradingView/CoinDesk)