Bitcoin and Ethereum have dropped below $40,000 and $3,000, after dipping below 4% and 5% respectively in the last 24 hours.
Currently priced at $38,962 and $2,904, respectively, the two largest cryptocurrencies by market cap have been in a recent slump.
In the last week, both cryptocurrencies have fallen by almost 8%.
The latest series of price drops can likely be attributed to the mining industry, which has experienced several developments that may have put further pressure on…
Source link
