Bitcoin Plunges Below $70,000, Marks Weakest Start Since 2018

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CNBC TV18•17-02-2026, 18:00
Bitcoin Plunges Below $70,000, Marks Weakest Start Since 2018
- •Bitcoin has fallen 28% in 2026, trading near $68,133.09, down from $90,062 in January.
- •The cryptocurrency has experienced a 42.16% correction in the last 6 months.
- •Global market caution, high bond yields, tighter liquidity, and cooled risk appetite contribute to the drop.
- •Spot Bitcoin ETF inflows have slowed, and futures open interest dropped over 20%, indicating a gradual deleveraging.
- •January and February saw losses of over 10% and 13% respectively, potentially leading to the worst Q1 in eight years.
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