▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Bitcoin trades below $70,000 for the first time since November of 2024. A selloff has wiped out all of Bitcoin’s gains since the election of President Donald Trump.
While earlier legs of the decline were driven by crypto-specific liquidations, the recent pressure is tied to wider cross-asset stress. Bloomberg’s Muyao Shen reports.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on…
X:
Facebook:
Instagram:
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
Listen to the daily Bloomberg Technology podcast here:
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
