Bitcoin Price Falls Under $70K Amid Widespread Crypto Market Sell-Off

The cryptocurrency market experienced a significant downturn as Bitcoin (BTC) dropped below the key $70,000 threshold. This sell-off intensified just ahead of the opening bell for the U.S. stock market, signaling heightened volatility and risk-off sentiment among investors. The broader digital asset market followed Bitcoin's lead, with major altcoins also posting substantial losses. Market analysts are monitoring the situation closely, as this pre-market movement often sets the tone for trading sessions and can indicate broader economic concerns impacting both crypto and traditional equities.