💥📢Bitcoin Falls Below $72,000 as Market Faces a ‘Crisis of Faith’

🪙Bitcoin briefly slumped below $72,000, a level last seen 15 months ago, as a broad risk-off move engulfed global markets.📉

⚡The world’s largest cryptocurrency is extending a downward spiral that has seen it shed more than 42% from its peak in October last year. Bitcoin fell as low as $71,540 in Asia trading Thursday. That’s the weakest level since Nov. 6, 2024, the day after Donald Trump was re-elected US president. It had dipped to $71,739 late Wednesday in New York.$BTC

BTC
BTC
65,021.23
-9.14%