Bitcoin falls again after sudden recovery in crypto market

Monday saw a rapid recovery in the price of all cryptocurrency, with bitcoin gaining as much as 15 per cent. Tuesday then saw it fall again, not wiping off all those gains but removing many of them.

Now Wednesday has seen another gain in price, with bitcoin touching the landmark value of $40,000 once again. It is up more than 7 per cent over the day, and the cryptocurrency market over all has gained 5 per cent.