Bitcoin’s price sell-off continued Thursday, with prices breaking below the widely-tracked $70,000 level on the OG crypto exchange Bitstamp.
BTC’s dollar-denominated price slipped to $69,101 during the Asian trading hours, trading a discount to prices on other exchanges, including Coinbase, where BTC hit a low of $70,002.
The discount on Bitstamp likely stemmed from stronger selling pressure on the Robinhood-owned platform.
The global average price, tracked by CoinDesk, peaked above $126,000 in early October and has been in a downtrend since then. Some analysts expect further sell-off at least to $60,000, where prices may eventually bottom out.
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Omkar Godbole
https://www.coindesk.com/markets/2026/02/05/bitcoin-slides-below-usd70-000-on-bitstamp
2026-02-05 05:49:00
