*Walter Bloomberg
*Walter Bloomberg|Feb 05, 2026 12:43
BITCOIN SLIDES BELOW $70,000 AS SELLING ACCELERATES Bitcoin fell below $70,000 on Thursday, dropping as much as 4.6% to $69,271 — its lowest level since November 2024 — as selling pressure intensified across crypto markets. The token is now about 45% below its October peak, with demand fading, ETF inflows drying up, and futures markets entering a “forced deleveraging” phase. Analysts say weak volumes and sustained selling are pushing investors to exit at losses, despite technical indicators signaling oversold conditions.(*Walter Bloomberg)
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