Bitcoin tumbles below $70,000, marking lowest level since November 2024

Bitcoin tumbled through the key $70,000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping.

Bitcoin fell by as much as 3.8 per cent to a low of $69,858, its weakest since November 2024, when Republican Donald Trump won the US presidential election, having signalled his intention to support crypto on the campaign trail.

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