Bitcoin drops below $70,000 as crypto selloff deepens before U.S. equity market opens

"Extreme fear" grips crypto and metals while U.S. equities show resilience ahead of key earnings What to know : Bitcoin fell below $70,000. Crypto and precious metals remain under heavy pressure, with the Fear and Greed Index at 11. U.S. equities are higher in pre market trading, with the Nasdaq-100 tracking QQQ exchange-traded fund up 0.22%.