Bitcoin fell below $70,000
During morning trading in New York, the price of Bitcoin dropped to $69,821, but soon increased again.
According to Bloomberg, the cryptocurrency has lost more than 44% of its value compared to the record high of $126,000, which was reached in October 2025. Shilian Tan, managing partner of Monarq Asset Management, believes that the current market situation is a result of a "crisis of faith" among investors.
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