Bitcoin falls under $68,000 with traders betting move to low-$60,000s
Yahoo Finance·2026-02-05 15:15
Bitcoin slid under the $68,000 level in U.S. morning hours Thursday, extending a week-long selloff that has tracked weakness across global risk assets and deepened concerns about near-term downside. Crypto liquidations exceeded $1 billion over the past 24 hours, wiping out about $980 million in bullish leveraged bets as the slide forced traders to close positions they could no longer keep funded. The price fell below $70,000 earlier in the day, with liquidity heatmaps pointing to further downside. (Coin ...