Representations of cryptocurrency bitcoin and the U.S. dollar, in this illustration taken on Aug. 10, 2022. Dado Ruvic/Reuters
Winter has arrived in the cryptocurrency market, as bitcoin has fallen below $70,000 for the first time since October 2024 amid the industry’s sell-off.
On the Chicago Mercantile Exchange, the price of one bitcoin fell by $4,910, or 6.67 percent, to $68,536 at 10:08 a.m. ET on Feb. 5.
