Bitcoin tumbled through the key US$70,000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping.
Bitcoin fell by as much as 3.8 per cent to a low of US$69,858, its weakest since November 2024, when Republican Donald Trump won the US presidential election, having signalled his intention to support crypto on the campaign trail.
Bitcoin has already fallen nearly 8 per cent for the week, taking its losses for the year so far to nearly 20 per cent. Bitcoin…
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