Bitcoin’s (BTC) 2023 Rally Wobbles in Sudden 7.5% Drop Toward $40,000

Bitcoin delivered another bout of its notorious volatility in a sharp tumble toward $40,000 amid a broader crypto selloff.

The largest token sank as much as 7.5% to $40,521 before paring some of the losses to trade 4% lower at $42,095 as of 11:12 a.m. in Singapore on Monday.

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