Bitcoin Dips Below $70K, Losing Gains Since 2021 Peak

Bitcoin has dropped below $70,000, negating all gains since its all-time high in 2021, marking a nearly 30% decline year-over-year.

On Tuesday, Bitcoin experienced a significant downturn, falling beneath the $70,000 mark. This decline signifies that the cryptocurrency has erased all gains made since reaching its record high in 2021.

Currently, Bitcoin's value is approximately 30% lower compared to the same period last year, highlighting a stark contrast to its previous bullish trajectory.