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Crypto Market Struggles: Bitcoin Price Could Fall to $40K, Says Bitfinex

Market Trends

The cryptocurrency market experienced a significant decline today, reflecting similar downturns in U.S. stocks. Both Bitcoin (BTC) and Ethereum (ETH) fell sharply due to a broader risk-off sentiment caused by U.S. economic data signaling weakness and inflationary pressures. Historically, September has been a challenging month for Bitcoin, and this trend seems to be continuing.

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