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:

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 *

Trending

Exit mobile version