Bitcoin plummets to below US$40 000
Lowest since ETF launch
Market-watchers say the cryptocurrency was having trouble competing with traditional stocks after the S&P 500 benchmark index opens new tab notched fresh record highs.
Bitcoin fell to a seven-week low on Monday, hovering below US$40 000 for the first time since the launch of 11 spot bitcoin exchange-traded funds on 11 January this year.The world'
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