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Bitcoin edges closer to the $70,000 mark as the crypto sell-off deepens
Bitcoin slipped below $71,000 on Thursday amid a global sell-off in technology assets, with analysts eyeing the $70,000 level as the next key support, CNBC reported.
Citi highlighted $70,000 as a critical threshold to watch as the downward pressure intensifies. The token has dropped about 40% from its all-time high of roughly $126,000 reached in October 2025.
Traders on Polymarket now put the odds of Bitcoin hitting $70,000 this month at 74%, representing a 65% jump from previous expectations.
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