Bitcoin fell to below $72,000, marking its lowest level since Donald Trump returned to the White House and extending a months-long slide that has erased gains made after the election.
The selloff has accelerated as leveraged positions were liquidated after traders bet on a rebound above $80,000, according to market participants.
Traders predict an 81% chance Bitcoin will dip to $70k in February.
Bitcoin fell to below $72,000, marking its lowest level since Donald Trump returned to the White House and extending a months-long slide that has erased gains made after the election.
The selloff has accelerated as leveraged positions were liquidated after traders bet on a rebound above $80,000, according to market participants.
Traders predict an 81% chance Bitcoin will dip to $70k in February.