Breaking: Bitcoin price plummets below $40,000 while Ethereum price loses $3,000 as support
- 19th May 2021
- Posted by: Hakeem
- Category: Crypto
- Bitcoin price slips below $40,000 as it dropped roughly 40% from its all-time high at $64,895.
- This nosedive has pushed BTC below the 200-day SMA at $39,818, which is a bearish sign from a macro perspective.
- Ethereum price followed the flagship crypto as it slid below $3,000 after a 35% downswing from its record high at $4,380.