Bitcoin slides 7% to under $41,000 in volatile trading following early December rally

(CNBC) Bitcoin fell Monday as investors took profits after its December rally. The price of the cryptocurrency was recently lower by more than 7% at $40,887.81, according to Coinbase, after a big drop Sunday night that at one point took it as low as $40,300. Bitcoin topped $44,000 last week and traded just below that level throughout the weekend. Meanwhile, ether fell 7% Monday to $2,202.92.

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