Bitcoin dips below $70,000 as Dollar Index hits 19-month high
Summary
The cryptocurrency market experienced a sharp selloff on Friday, sending Bitcoin below the $70,000 threshold and pushing ether under $2,000. This downward price movement resulted in significant liquidations across the futures market.
The crypto market selloff gathered pace early Friday. Bitcoin dropped below $70,000 and ether traded below $2,000, triggering large liquidations in futures market.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.