Bitcoin, Ethereum, and other major cryptocurrencies have all dropped precipitously, bringing the price of bitcoin back under the closely watched $40,000 per Bitcoin mark.

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For the majority of 2022, the Bitcoin price has fluctuated around $40,000 as bulls and bears compete for market supremacy. In the meantime, the price of Ethereum has fallen below $3,000 per ether for the first time since mid-March.

Since early April, the total crypto market has lost about $400 billion as top ten cryptocurrencies such as Binance’s BNB, Ripple’s XRP, Solana, Cardano, Luna, and avalanche struggle—with some predicting a “financial markets crisis” could send bitcoin below $30,000.

For the majority of 2022, the bitcoin price has fluctuated around $40,000 as bulls and bears compete for market supremacy. In the meantime, the price of Ethereum has fallen below $3,000 per ether for the first time since mid-March.

Since early April, the total crypto market has lost about $400 billion as top ten cryptocurrencies such as Binance’s BNB, Ripple’s XRP, Solana, Cardano, Luna, and avalanche struggle—with some predicting a “financial markets crisis” could send bitcoin below $30,000.