Market Analysis

Bitcoin Price Crashes 9% to $69,000 As Markets Spiral Into Full Risk-Off Mode

1 hour ago

The bitcoin price slid to $69,000 in Asian trading

The bitcoin price slid to $69,000 in Asian trading Thursday as a deepening selloff in global markets spilled into crypto markets. The world’s largest cryptocurrency fell as much as

Bitcoin price sell-off

Stress has also emerged in the mining sector. Bitcoin’s price near $71,000 sits below estimates of all-in production costs near $87,000, compressing margins.

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