Bitcoin dip brings key $70,000 level into view

Source: Reuters

“Bitcoin was on the cusp of breaking below the key $70,000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin fell 2% in early European trade, having dropped as much as 3.5% earlier during the Asian session to $70,052.38, its lowest level since November 2024. Ether , meanwhile, was down 0.7% at $2,111.34. A drop below $2,000 would mark the first time the world’s second-largest cryptocurrency has breached that level since May last year.” (02/05/26)

https://www.reuters.com/business/bitcoin-slumps-with-key-70000-level-sight-2026-02-05/