
Bitcoin Crash Below $70,000 Erases Post-Trump Rally Gains: Bitcoin Price Analysis and Crypto Market Outlook
Bitcoin plunged on Thursday, dropping below the $70,000 level and effectively reversing all gains triggered by former President Donald Trump's re-election rally. The largest cryptocurrency by market cap briefly fell 11% to $65,393, marking its lowest price since October 2024.This sharp decline has erased nearly half of Bitcoin's value from its all-time high just four months ago. The downturn has spilled over into other crypto assets and related ETFs, impacting companies like MicroStrategy that hold large amounts of Bitcoin on their balance sheets.Chart: Bitcoin price crash (2025–early 2026). The price hit its lowest level since October 2024, showing a steep decline that wiped out previous gains.



















































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