Bitcoin dips to lowest level since Dec. 12 before bouncing as buyers hold $40k threshold

Assad Jafri

Bitcoin slumped to as low as $40,280 on Jan. 19, its lowest level since Dec. 12, 2023, before rebounding to $41,979 after four hours of consistent sell pressure that liquidated most long positions on major exchanges. As of press time, Bitcoin traded at $41,609 after failing to breach $42,000. Meanwhile, long liquidations stood at roughly […]

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Bitcoin dips to lowest level since Dec. 12 before bouncing as buyers hold $40k threshold