Bitcoin Trades Below the $40

The global cryptocurrency market cap faces a decline, with today’s market cap at $1.54 Trillion, a 3.30% decrease from yesterday, Tuesday. However, despite the decline, investor confidence is still strong overall in the market.  Some of the cryptocurrencies contributing to this decline are Bitcoin and other correlated altcoins. Ethereum, on the other hand, is in the lead with a gain of about 14.19% over the last week. Bitcoin is currently trading at around $38,973.58, while Ethereum is at $2,617.22. Bitcoin…