Connect with us

Bloomberg Technology

Bitcoin Crashes Below $70,000 as Collapse of Crypto Continues

Bitcoin trades below $70,000 for the first time since November of 2024. A selloff has wiped out all of Bitcoin’s gains since the election of President Donald Trump. While earlier legs of the decline were driven by crypto-specific liquidations, the recent pressure is tied to wider cross-asset stress. Bloomberg’s Muyao Shen reports. ——– Like this…

Published

on

Bitcoin trades below $70,000 for the first time since November of 2024. A selloff has wiped out all of Bitcoin’s gains since the election of President Donald Trump.
While earlier legs of the decline were driven by crypto-specific liquidations, the recent pressure is tied to wider cross-asset stress. Bloomberg’s Muyao Shen reports.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:

 
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
 
Listen to the daily Bloomberg Technology podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading
Advertisement
25 Comments

25 Comments

  1. @TawnyaOneal

    February 5, 2026 at 8:01 pm

    Killer content! Bought into $XA70B, already 5X up. 25X feels inevitable!

  2. @HotelRecepcion-c8v

    February 5, 2026 at 8:01 pm

    You’ll recall this message when XA70B rockets 🌝🚀

  3. @JamieHilliard-o2s

    February 5, 2026 at 8:01 pm

    Still unsure what to buy in 2026? The answer’s clear: XA70B with easy 100x potential.

  4. @MaricellaCoco

    February 5, 2026 at 8:01 pm

    Been here since 2016. XA70B feels exactly like ETH at $1. 📊🔥

  5. @SoleneBloqueo

    February 5, 2026 at 8:01 pm

    Every delay means someone else locks in that 200% $XA70B presale bonus.

  6. @AnyaLouise-f9e

    February 5, 2026 at 8:01 pm

    Bull run approaching. I’ve got $90k sitting in $XA70B 🐳🐳🐳

  7. @AnneHare-r6p

    February 5, 2026 at 8:01 pm

    Let’s gooooo $XA70B🎉 Holding over 100k tokens will mint millionaires in 2026 💪

  8. @SilasLink-z8p

    February 5, 2026 at 8:01 pm

    No better time exists to invest than now. Especially in XA70B. Stack and hold!

  9. @YoharaZeitoun

    February 5, 2026 at 8:02 pm

    2026 sneaks up fast. XA70B (Elon’s new coin) is primed to lead. AI core, locked dev wallet, real growth plan. Let’s roll! 💎

  10. @ArmandoDimaria

    February 5, 2026 at 8:02 pm

    Robinhood close to listing Elon’s $XA70B. Early holders about to become MILLIONAIRES.

  11. @AndrewLanderos-y5e

    February 5, 2026 at 8:02 pm

    Waiting on presale to close. I’m holding 60,000 xAI tokens. Market’s about to erupt.

  12. @HarlanElkins-o3u

    February 5, 2026 at 8:02 pm

    Presale bonuses for XA70B are too strong to pass. Already secured 65,000 tokens.

  13. @FreddieMcvay-o4w

    February 5, 2026 at 8:02 pm

    That 200% bonus makes early XA70B entry mathematically unbeatable.

  14. @FlorEllen

    February 5, 2026 at 8:02 pm

    ❌Bitcoin
    ✅$XA70B

  15. @PilarPolitzer

    February 5, 2026 at 8:02 pm

    Whales stacking bags already. Retail still sleeping. $XA70B 🐳

  16. @LourdesPor

    February 5, 2026 at 8:02 pm

    $XA70B TPS is crazy — 1.5k+ baseline, 100k+ with sidechains. That’s true scalability. Don’t miss presale. 🔥📈

  17. @LeanneBullard-w4v

    February 5, 2026 at 8:03 pm

    $XA70B brings AI-driven optimization and flexible gas fees. Not hype — pure next-gen chain architecture. Full FOMO mode. 🤖⚡

  18. @HecoSowers

    February 5, 2026 at 8:03 pm

    AI compliance already integrated — $XA70B could be the first coin regulators accept. Think big. 🏛️✅

  19. @KuehneMccreight

    February 5, 2026 at 8:03 pm

    Let’s gooooo $XA70B🎉 Holding over 100k tokens will mint millionaires in 2026 💪

  20. @MckinseyNickerson

    February 5, 2026 at 8:03 pm

    Still unsure what to buy in 2026? The answer’s clear: XA70B with easy 100x potential.

  21. @SabineSpark-h4s

    February 5, 2026 at 8:03 pm

    No better time exists to invest than now. Especially in XA70B. Stack and hold!

  22. @HamburgesasIlya

    February 5, 2026 at 8:04 pm

    Bull run approaching. I’ve got $90k sitting in $XA70B 🐳🐳🐳

  23. @MiriamMilosavljevic

    February 5, 2026 at 8:04 pm

    Presale bonuses for XA70B are too strong to pass. Already secured 65,000 tokens.

  24. @AaronDevries-c8r

    February 5, 2026 at 8:04 pm

    Still unsure what to buy in 2026? The answer’s clear: XA70B with easy 100x potential.

  25. @CorkyWoodward

    February 5, 2026 at 8:04 pm

    Bull run approaching. I’ve got $90k sitting in $XA70B 🐳🐳🐳

Leave a Reply

Your email address will not be published. Required fields are marked *

Bloomberg Technology

Apple’s Happy Holiday Forecast Overshadowed by Shrinking Margin

Bloomberg’s Ed Ludlow breaks down Apple’s earnings, which signal strong holiday demand, but show that high memory costs and greater spending on AI will squeeze margins. Plus, Disney plans thousands of layoffs as it aims to cut 20% of costs companywide. And AI is on the ballot in the midterm elections as voters consider local…

Published

on

Bloomberg’s Ed Ludlow breaks down Apple’s earnings, which signal strong holiday demand, but show that high memory costs and greater spending on AI will squeeze margins. Plus, Disney plans thousands of layoffs as it aims to cut 20% of costs companywide. And AI is on the ballot in the midterm elections as voters consider local proposals and candidate stances related to AI.

00:00:00 – Bloomberg Tech Begins
00:00:47 – Bailey Lipschultz on Meta Bond Offering
00:03:47 – Mark Gurman on Apple products in earnings
00:06:36 – Carolina Milanesi, Creative Strategies on Apple Earnings Report
00:10:53 – Gregg Moskowitz, Mizuho on Palantir growth outlook
00:14:43 – Peter Oey, Grabtaxi CFO on Grab Reports 3Q milestone
00:18:34 – Joe Mathieu on Midterm elections
00:23:01 – Anurag Rana on Apple stock
00:27:01 – Ryan Vlastelica on AMD Earnings today
00:30:39 – Chris Palmeri on Disney layoffs
00:34:56 – Michael Shepard on Midterms on AI Development
00:38:11 – Ellen Hazen, FL Putnam on AI & affordability top of mind for Midterms
——–
“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Like this video? Subscribe and turn on the notifications for Bloomberg Technology on YouTube:

Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

Get the latest in tech from Silicon Valley and around the world here:

Follow Ed Ludlow on Twitter here:
Follow Caroline Hyde on Twitter here:

Connect with us on…
Twitter:
Facebook:
Instagram:

Continue Reading

Bloomberg Technology

Delivery App Grab Sees Return on AI, Says CFO

Grab CFO Peter Oey says the company is seeing returns from its use of AI tools in the form of higher spending by customers. The ride-hailing, delivery and financial services app raised its full-year revenue and profit forecasts. Oey joins Ed Ludlow on “Bloomberg Tech” to discuss Grab’s earnings. ——– Like this video? Subscribe to…

Published

on

Grab CFO Peter Oey says the company is seeing returns from its use of AI tools in the form of higher spending by customers. The ride-hailing, delivery and financial services app raised its full-year revenue and profit forecasts. Oey joins Ed Ludlow on “Bloomberg Tech” to discuss Grab’s earnings.
——–
Like this video? Subscribe to Bloomberg Tech on YouTube:

 
Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
 
Listen to the daily Bloomberg Tech podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Bloomberg Technology

Disney Plans Thousands of Layoffs Companywide

Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg’s Chris Palmeri discusses Disney’s plans and how they fit into the changes the wider entertainment industry is experiencing. He…

Published

on

Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg’s Chris Palmeri discusses Disney’s plans and how they fit into the changes the wider entertainment industry is experiencing. He joins Ed Ludlow on “Bloomberg Tech.”
——–
Like this video? Subscribe to Bloomberg Tech on YouTube:

 
Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:

 
Get the latest in tech from Silicon Valley and around the world here:

Connect with us on…
X:
Facebook:
Instagram:
 
Follow Ed Ludlow on X here:
 
Listen to the daily Bloomberg Tech podcast here:

 
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:

Continue Reading

Trending