Bitcoin crashes beneath $70,000 for first time in over a 12 months. Is crypto headed for a market reset? – Imperial Wire

Bitcoin costs fell beneath $70,000 a coin on Thursday as a painful crypto rout deepened, sending the value of the pioneering digital asset to its lowest stage in 15 months.

Costs traded

BTCUSD as little as $69,074 in current buying and selling, down almost 6% on the day. That marked the bottom stage seen within the 24-hour-a-day bitcoin market since Nov. 6, 2024, in accordance with Dow Jones Market Information and the CoinDesk Bitcoin Value Index.