Bitcoin drops below USD40,000, Shiba rises due to Robinhood's addition


(MENAFN) In the midst of dramatic cost fluctuations throughout stock markets, CryptoCurrencies plunged below USD40,000, Whereas day-trader favorite Shiba Inu surged almost 10 percent.

Shiba Inu, as well as three additional tokens - Solana's SOL, Polygon's Matic, and Compound's COMP - were all included to Robinhood's system for the first time. Shiba was the greatest gainer of the four, trading at a fraction of a United States penny.

For the very first time over three weeks, cryptocurrencies fell below USD40,000 on Monday. As of 3.30 p.m. in New York, it was down 1.1 percent to USD39,411. After temporarily reaching beyond USD3,000, Ether has also dropped.

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