Bitcoin Slides Below $39K as Broader Crypto Market Drops to 2022 Low
• Bitcoin fell below $39,000, down 4.3% from yesterday and 9% over the past week • Related tokens ORDI and SATS have dropped 12-16% since Monday • Solana, Optimism, and Avalanche were down 9-10% • GBTC has seen $6B in redemptions after the SEC approved Bitcoin ETFs • Crypto market cap sank to $1.65 trillion, its lowest point this year