#bitcoin price around $70K

Bitcoin is trading near $70,000–$71,000 but has dropped slightly in the last 24 hours due to global market uncertainty.

Earlier this week it briefly touched about $74,000, showing strong volatility in the market.

2️⃣ Recent market drop

Bitcoin recently fell below $69K, wiping about $110 billion from the crypto market cap during a market pullback.

Analysts say geopolitical tensions and global stock-market volatility are affecting crypto prices.