Crypto Markets Lost $100B in a Day as Bitcoin Plunged to $40K (Market Watch) – CryptoPotato

Bitcoin tried its hand at $43,000 yesterday but was violently rejected at that point and dropped by almost $3,000 in hours.

The cryptocurrency recovered all losses almost immediately and even spiked above $41,000 on Tuesday.

As such, BTC kept climbing, and yesterday it tapped an 11-day high at just under $43,000.

Instead of heading further north, bitcoin started to lose value rapidly.

Ethereum jumped to a 10-day high of its own yesterday when it was close to overcoming $3,200.

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