Bitcoin (BTC) traded below $70,000 for the first time in two months on Tuesday as sellers stayed in control. Data from TradingView showed new BTC price lows of $69,631 on Bitstamp. After failing to follow stock markets higher, BTC/USD increased its divergence from other risk assets to fall by nearly 2% on the day. Crypto long positions paid the price, with total 24-hour liquidations on Bitcoin and altcoins nearing $800 million at the time of writing, per data from CoinGlass. “The pressure is building,” trader Ardi responded to the latest price moves in a post on X. “We've seen BTC lose multiple key support levels in ... (full story)