Bitcoin crashed to the $70,000 price level in the early hours on Jan. 5 as the leading cryptocurrency lost more than 7% in value within the last 24 hours. The price crash is the worst since early November 2024. The total crypto market cap fell 6% in 24 hours to $2.5 trillion at the time of writing.

Bitcoin slumps below $72,000 amid global market sell-off, marking its weakest level since Nov. 2024. Experts warn of extreme fear and further declines.

Bitcoin suffered its latest bloodshed on February 4, dropping to almost $72,000 as various factors combined to trigger continued declines in the digital currency.

On-chain data points to fading demand and tighter liquidity, while prediction markets show little expectation of near-term rate cuts.

The original cryptocurrency recovered slightly on Monday.

Strategy reports $3.8B loss as Bitcoin market downturn impacts its holdings, with MSTR shares likewise dropping dramatically.

U.S. stock futures fell Sunday, after a weekend slide by bitcoin and Friday’s massive sell-off in precious metals capped a tumultuous first month of 2026.

Crypto market cap has shed $467B since Jan. 29 as Bitcoin tumbles, liquidations top $6.67B and ETF flows swing.