Bitcoin Continues Swift Fall Hitting a Low of $42,019

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Bitcoin BTC coins in the shopping cart

Thunder Bay – TECH – Crypto market for Bitcoin is in a major downward bear market over the past twenty-four hours.

In overnight trading the price of Bitcoin fell as low as $42,019 before rallying slightly upward to $48,148 in US dollars.

While many had predicted Bitcoin would be continuing the increases of October heading to a price of near $100,000 by years end, that now appears increasingly unlikely.