Bitcoin Price Plummets Below $40,000 As Crypto Market Tallies $440 Million In Liquidations

Bitcoin fell 15% in the last 24 hours, plunging below $40,000 for the first time since middle of March.

Faced with the threat of further rate hikes by the US Federal Reserve, Bitcoin, along with stocks, is sliding to a monthly low.

Within 24 hours, Coinglass reports that roughly $440 million has been liquidated across the broader crypto market.

When not on his computer, he unwinds with a bottle of beer and laughs with his son over cartoons.

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