Bitcoin tanks to $69,101 on Bitstamp
CoinDesk
Bitcoin's price fell below $70,000 on Bitstamp, hitting a low of $69,101 during Asian trading.Summary
Bitcoin experienced a continued sell-off on Thursday, breaking below the $70,000 threshold on the Bitstamp exchange, where it reached a low of $69,101 during Asian trading hours. This price was lower than on other exchanges like Coinbase, which saw a low of $70,002, suggesting stronger selling pressure on the Robinhood-owned Bitstamp platform. The global average price for BTC has been in a downtrend since peaking above $126,000 in early October, with some analysts anticipating a further decline toward a potential bottom around $60,000.
(Source：CoinDesk)