BTC price drops below ,000 as crypto selloff deepens BTC price drops below ,000 as crypto selloff deepens

BTC price drops below $70,000 as crypto selloff deepens

Bitcoin fell below $70,000 as the crypto selloff deepened before the start of equities trading in the U.S.

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The largest cryptocurrency dropped to as low as $69.917.20 according to CoinDesk data, with sentiment sliding further into “extreme fear.” The Fear and Greed Index sits at 11, a level reached only a handful of times in the past

The selloff remains largely contained within digital assets and metals, as broader U.S. equity markets show resilience.

Gold fell more than 1%, slipping below $4,900 per ounce, and silver dropped over 10%, falling to under $80 per ounce.

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James Van Straten

https://www.coindesk.com/markets/2026/02/05/bitcoin-drops-below-usd70-000-as-crypto-selloff-deepens-before-u-s-equity-market-opens

2026-02-05 11:36:00

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