Bitcoin Struggles at $40K, Shiba Inu Soared to 2-Month Highs Amid Robinhood … – CryptoPotato

After several days of freefalls and dropping below $40,000, bitcoin has calmed around that level.

Bitcoin’s inability to break above $47,000 last week meant incoming trouble.

However, that was not all, as the bears kept the pressure on.

After marking this multi-week low at just over $39,000, BTC bounced off and regained some traction.

The alternative coins suffered just as badly as bitcoin in the past few days, if not worse.

ETH dipped beneath $3,000 for the first time in weeks but has bounced off and now trades above it.

Shiba Inu, though, stands out as the most impressive performer since yesterday.

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