Bitcoin Crashes Below $70,000 as Collapse of Crypto Continues

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Bitcoin Crashes Below $70,000 as Collapse of Crypto Continues Bitcoin trades below $70,000 for the first time since November of 2024. A selloff has wiped out all of Bitcoin's gains since the election of President Donald Trump. While earlier legs of the decline were driven by crypto-specific liquidations, the recent pressure is tied to wider cross-asset stress. Bloomberg's Muyao Shen reports. -------- Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here:   Get the latest in tech from Silicon Valley and around the world here: Connect with us on... X: Facebook: Instagram:   Follow Ed Ludlow on X here: Follow Caroline Hyde on X here:   Listen to the daily Bloomberg Technology podcast here:   More from Bloomberg Business Connect with us on... X: Facebook: Instagram: LinkedIn: TikTok:
  2026/02/05      youtube
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