Bitcoin briefly drops below $70,000 as sell-off continues
CNBC·2026-02-05 11:43
In this articleBTC.CM=ETH.CM=XRP.CM=Cheng Xin | Getty ImagesBitcoin briefly dropped below $70,000 on Thursday amid a broader sell-off of risk assets.The move, which happened around 6:27 a.m. ET, was the first time bitcoin fell below $70,000 since November 2024. Bitcoin bounced off that low and was trading at around 70,453.68 at 6:40 a.m. ET, according to CoinMetrics data. Some market watchers have suggested $70,000 is a key level to watch and a break below that could trigger more falls for bitcoin. Stock Ch ...