Bitcoin Price Drops Below $38K After Recent $40K Reject
- Bitcoin is down almost 2% in the last 24 hours.
- The price of one bitcoin dropped below $38,000 after getting rejected at $40K.
- The daily trading volume of bitcoin is below $24 billion.
The price of the leading cryptocurrency in terms of market capitalization, Bitcoin, is down almost 2% in the last 24 hours. This decrease in the price of Bitcoin follows the current market retracement taking place in the cryptocurrency markets. The price of one bitcoin is now below $38,000 according to market tracker CoinMarketCap.