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Bitcoin Slips Below $70,000 as Crypto Selloff Continues

By: Andrew Moran

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Representations of cryptocurrency Bitcoin and the U.S. dollar, in this illustration on Aug. 10, 2022. Dado Ruvic/ReutersWinter has arrived in the cryptocurrency market, as Bitcoin fell below $70,000 for the first time since October 2024 amid the industry’s selloff.On the Chicago Mercantile Exchange, the price of one Bitcoin fell $4,910, or 6.67 percent, to $68,536 at 10:08 a.m. ET on Feb. 5.

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