EconomyBitcoin faces $70,000 risk as investors realize $2 billion in losses
Bitcoin holders realized more than $2 billion in losses over three days as selling on exchanges intensified and expectations of a US rate hike rose. The cryptocurrency briefly fell below $75,000 on Friday, as a sharp sell-off in US tech stocks spilled into digital assets. Selling pressure now dominates spot trading on Binance.
Bitcoin faces $70,000 risk as investors realize $2 billion in losses
Economy