Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
White House: Trump will sign executive order to terminate Syria sanctions
Israeli media: Knesset member Gadi Eisenkot has submitted his resignation from the opposition "National Unity" party led by Benny Gantz
Palestinian Prisoner Society: Administrative detainee Louay Nasrallah, 22, from Jenin, martyred in "Israel’s" Soroka Hospital
Iran's judiciary: 935 people killed in Israeli strikes on Iran.
Al Mayadeen's correspondent: Knesset committee votes to advance impeachment of Arab MK Ayman Odeh.
TASS: Car explosion east of Moscow, ambulances rush to scene.
Al Mayadeen's correspondent: Over 10 martyrs and several wounded as Israeli forces opened fire on aid seekers on al-Tina Street, southwest of Khan Younis
A vehicle exploded in Washington, DC, the United States.
The Israeli occupation forces are carrying out extensive air raids on eastern and northeastern Gaza.
Israeli media: One Israeli soldier killed in a "security incident" in Khan Younis, south of the Gaza Strip

Bitcoin dips below $40,000, lowest since September

  • By Al Mayadeen Net
  • Source: Agencies
  • 10 Jan 2022 19:25
2 Min Read

Following a record high that topped $66,000 in October, Bitcoin sustained losses that put it below the $40,000 threshold.

  • x
  • Bitcoin is often volatile, so its losses did not come off as completely shocking
    Bitcoin is often volatile, so its losses did not come off as completely shocking.

2022 is not off with a great start for the world's largest cryptocurrency, as Bitcoin has dipped Monday below $40,000, the coin's lowest price since September, as it shows no end to its volatility.

The leading cryptocurrency had dropped to $39,663.18 down from its record high of over $66,000 in October.

It had an upward trend from August thereon when it topped $50,000 in a first since May, rebounding from its then-highest value of $64,000.

Related News

Bitcoin tops $105,000 before slipping back in volatile 2025 trading

Bitcoin falls over 5% to $81K after US tariff announcement

According to data from CoinMarketCap, Bitcoin recovered from the blow it took on Monday, rising to $41,684.67.

Whenever the BTC rises, it takes up the entire crypto market alongside it, causing a surge in the value of other cryptocurrencies; however, with this decline, it dragged down other cryptocurrencies.

"The main culprit behind the slump in crypto prices is the Fed's decision to withdraw massive liquidity, which has been pumped into markets since the onset of the coronavirus pandemic," said Naeem Aslam, chief market analyst at Avatrade. 

Bitcoin's slight recovery following its tumble saw other cryptocurrencies recovering as well, with Ethereum and Cordano recovering 2.33% and 1.77%, respectively.

  • Bitcoin
  • COVID-19
  • Cordano
  • Ethereum
  • Cryptocurrency

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iran says targeted US Qatar air base under Op. Annunciation of Victory

Iran says targeted US Qatar air base under Op. Annunciation of Victory

  • MENA
  • 23 Jun 2025
Gaza

7 Israeli soldiers killed in double ambush by Gaza Resistance

  • Palestine
  • 24 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Women comfort each other by a vehicle that was burnt overnight by Israeli settlers in an attack that killed three Palestinians and burnt several vehicles and damaged homes, in Kafr Malik, east of Ramallah, Thursday, June 26, 2025 (AP)
Politics

Settlers shoot and assault Palestinians in Hizma, Masafer Yatta

Syria's interim leader, Ahmad al-Sharaa, walks in the presidential palace ahead of a meeting in Damascus, Dec. 28, 2024. (AP)
Politics

Syria open to al-Sharaa-Netanyahu meeting at UN assembly

Former Iranian parliament speaker Ali Larijani speaks with media at the Interior Ministry in Tehran, Iran, Friday, May 31, 2024 (AP)
Politics

'Israel' failed to topple Iran, lost 12-day war, Larijani says

Smoke rises to the sky following an Israeli strike in the Gaza Strip as seen from southern Israel, Wednesday, June 11, 2025. (AP)
Politics

War on Gaza failed to achieve objectives in Gaza

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS