Bitcoin Price Dumps To $40k As Doubts Linger Over Spot ETF Approval, Can BTC Weather the Storm?

The cryptocurrency market’s early-year rally, buoyed by Bitcoin’s climb above $45,000, has fizzled out, with prices now retreating. With a 6.5% dip in the last 24 hours, Bitcoin price is trading at $42,289 on Wednesday during US business hours. A 16% nosedive in the trading volume underscores the increasing selling pressure across the board, especially with the The post Bitcoin Price Dumps To $40k As Doubts Linger Over Spot ETF Approval, Can BTC Weather the Storm? appeared first on CoinGape .