Bitcoin falls below $70,000 after erasing post-election gains during 'sell at any price' rout

coindesk
coindesk|2月 07, 2026 16:09
Crypto sentiment was hit as Gemini plans to close operations in several regions and cut staff, while spot bitcoin ETF flows turned negative. What to know : Bitcoin has risen to around $69,000 after dropping near $60,000, failing to keep gains post-Trump's 2024 election amid a broader market sell-off, with the CoinDesk 20 index down over 17%. Other cryptocurrencies suffered more over the week, with ETH down 22.4%, BNB 23.4%, and SOL 25.2%. Crypto sentiment was hit as Gemini plans to close operations in several regions and cut staff, while spot bitcoin ETF flows turned negative.(Coindesk)
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