Bitcoin Plunges to 15-Month Low of $67,000 Amid Crypto Sell-Off

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CNBC TV18•05-02-2026, 23:28
Bitcoin Plunges to 15-Month Low of $67,000 Amid Crypto Sell-Off
- •Bitcoin's price fell 11% to $67,000, marking its lowest level in 15 months.
- •The cryptocurrency has lost 46% of its value since its record high of $126,210.50 on October 6.
- •Crypto-related companies like Coinbase Global, Robinhood Markets, and Riot Platforms experienced significant drops.
- •Strategy (formerly MicroStrategy), a major crypto treasury company, is underwater on its Bitcoin investment, holding 713,502 BTC purchased at an average price above $76,000.
- •Trump-related crypto ventures, including American Bitcoin and the $TRUMP meme coin, have also seen substantial declines.
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