The largest cryptocurrency Bitcoin has fallen below the $ 40,000 level as of now, according to Binance data.
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The leading crypto asset is trading below the $40,000 level for the first time since February 28.
The asset has dropped over 12% in the last three days and bears have declared their dominance.
The market cap of the largest crypto asset currently stands at $757 billion.
Bitcoin has dropped about 42% from its ATH level in November.
At the time of writing, Bitcoin is trading at $39,415 according to Binance data.
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