Bitcoin Plunge: The 70K Floor Crumbles, Bears Chuckle

Bitcoin’s freefall quickened its pace, the cryptocurrency slipping below $70,000 for the first time since November. Bitstamp’s ledger tells of over $2,000 being shaved off in a handful of minutes, the price dipping to a low of $69,101 around 11:15 p.m. EST. A seven-percent intraday plunge pressed Bitcoin’s market cap below the imagined line of $1.4 trillion, like a tired farmer counting his cattle and finding a few missing.






