The price of Bitcoin for the first time since December 2023 fell below $40,000. According to Coindesk, at 4:30 Moscow time, the price of the first cryptocurrency was 39.7 thousand dollars.

Bitcoin price fell below $40,000 for the first time since December 2023

The price of the first cryptocurrency has increased rapidly since the beginning of 2023. In December the value of the coin exceeded 40 thousand dollars.

On January 11, 2024, the US Securities and Exchange Commission (SEC) approved the launch of exchange-traded funds (ETFs) that invest directly in Bitcoin. Shares of the funds will be traded on the New York Stock Exchange, Nasdaq and the Chicago Stock Exchange.

SEC Chairman Gary Gensler previously quoted him as saying that although the commission approved the launch of ETFs that invest in Bitcoin, investors should remain cautious about the risks associated with Bitcoin and products whose value is tied to the cryptocurrency. Bloomberg.

Author:

Karina Pardaeva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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