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Bitcoin Under $39K as ETF Debut Continues to Be a ‘Sell-the-News’ Event

BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%.

Downgrade spiral staricase going down downwards (Unsplash)
Downgrade spiral staricase going down downwards (Unsplash)