CryptoSlate November 07, 2026

Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure

Bitcoin faces $70,000 risk as investors realize $2 billion in losses and US jobs shock deepens pressure

Bitcoin holders realized more than $2 billion in losses over three days as exchange selling intensified and expectations of a US rate hike rose. On Friday, Bitcoin briefly plunged below $75,000 as a sharp sell-off in US technology stocks spilled into digital assets. This came as selling pressure now dominates spot trading on Binance and…

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