Bitcoin has dropped back below $ 40,000

Bitcoin has dropped back below $ 40,000

The price of bitcoin briefly fell below $ 40,000 on Monday, a session low since the end of September, as investor risk appetite suffered from the prospect of a tightening of Fed policy.

Monday around 2:45 p.m. GMT (3:45 p.m. in Paris), the cryptocurrency gave up 2.6% to around $ 41,198, moments after hitting a low since September at $ 39,663.18.

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