Bitcoin dropped below $70K
The crypto market recently saw a sell-off, pushing Bitcoin below $70,000 with about $329 million in liquidations from leveraged trades.
The recent weakness comes after a volatile few weeks for crypto markets. Earlier, Bitcoin had briefly fallen below the $65,000 mark as global risk sentiment weakened during the US-Israel-Iran conflict. The geopolitical tensions triggered a broader sell-off in risk assets before prices stabilised again.
BTC fell around 3–4% in a single day.$BTC
The drop shows traders becoming cautious due to global uncertainty and market volatility.