Bitcoin hovers around $40,000 after winning streak snapped

Bitcoin is trading above $40,000 after a day that saw its three-day winning steak snapped.

The cryptocurrency is off more than 2% month-to-date and down 12% year-to-date.

The European Union’s securities, banking and insurance watchdogs issued a warning about cryptocurrencies this week.

Consumers risk losing all their money invested in…


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