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Bitcoin Dips Below $70,000 After Wild Roller-Coaster Ride
Bitcoin slipped below $70,000 on Monday following a roller-coaster ride at the end of last week. The original cryptocurrency — which had stabilized during the Asia day — fell around 3% to $68,540 at around 5:45 a.m. in New York. The move was still relatively tame compared with last week’s wild swings, when Bitcoin on Thursday plunged to $60,033, its lowest since October 2024, before rallying back above $70,000 on Friday. Traders remain on edge. “Crypto markets have stabilized” but “the market is still uncertain that the worst is over,” said Caroline Mauron, co-founder of Orbit Markets. “$60,000 is the ... (full story)
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