(Reuters) – Bitcoin fell to a seven week low on Monday, trading below $40,000 for the first time since the launch of eleven spot Exchange Traded Funds on Jan. 11.
The crypto currency was last down 4.4% at $39,750, trading at its lowest since Dec. 4. Its rival ether was down 6.5% at $2,325.3.
(Reporting by Alden Bentley; Editing by Chris Reese)
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