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Bitcoin falls under $40,000 to five month low

Bitcoin is now more than 40% below a record high of $69,000 hit in November
Bitcoin is now more than 40% below a record high of $69,000 hit in November

Bitcoin fell over 5% today to its lowest in over five months, tumbling under the $40,000 level.

The largest cryptocurrency fell as far as $39,558, its lowest since August 5.

It was last down 4.7%, more than 40% below a record high of $69,000 hit in November.