Bitcoin and Ethereum—the two largest cryptocurrencies by market cap—are down by approximately 8% over the last week.
Both cryptocurrencies, priced at $40,200 and just a tick over $3,000, are also edging closer to falling below landmark prices.
This already happened earlier this week, when Bitcoin and Ethereum fell by 15% and 14%, marking the first time each asset fell below $40,000 and $3,000 since mid-March.
This price slump remains part and parcel of an ongoing market downturn in…
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