Bitcoin crashes below $70,000 for first time in over a year. Is crypto headed for a market reset?

Core Insights - Bitcoin prices have fallen below $70,000 per coin, marking a significant decline in the cryptocurrency market [1] - This drop represents the lowest price level for Bitcoin in the past 15 months, indicating a deepening crypto rout [1] Price Movement - The current price of Bitcoin is at its lowest point in 15 months, reflecting a broader trend of declining values in the cryptocurrency sector [1]