The market has been bearish for weeks, but the trend reached a new peak, with Bitcoin plummeting below $39,500 in the last 24 hours. This trend contradicts the crypto market’s expectations, as many believed the crypto ETFs would propel Bitcoin to new heights. Multiple events have unfolded since the approval of Bitcoin ETFs on January The post Breaking Down Bitcoin’s $39K Decline: A Closer Look at the Main Driver appeared first on Coin Edition .