Bitcoin price falls below $70K. How much further could it drop?

    Bitcoin has fallen below $70,000, raising questions about whether a crypto winter is underway. Yahoo Finance’s Jared Blikre and Yahoo Finance host Julie Hyman discuss prediction market forecasts and the catalysts that could drive the next bitcoin rally. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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    49 Comments

    1. The AI system on Kadvun scans my room and suggests furniture that matches my aesthetic. Unreal! Never seen something like this. The partnerships are going to popoff

    2. Just goes to show this stuff is not really that valuable if it just has a cold season ?
      We need a housing marking to have a “cold season”

    3. “On Thursday, bitcoin tumbled by more than 13% to trade as low as $62,339, the lowest level intraday since Oct. 13, 2024. The cryptocurrency has now wiped out all of the advance that followed President Donald Trump’s November 2024 electoral win over former Vice President Kamala Harris, and then some.”- Marketwatch

    4. There is NOTHING to prevent a total bitcoin crash. There are no underlying assets! What can you liquidate? Nothing. Our country has lost its mind. Elon now says he’s gonna build a data center…in space! (Why not an auto plant on Mars?) Crypto, Trump, tariffs, and an AI bubble. We are a country in decline.

    5. If you ever had any question if Crypto Currencies were a scam, the fact that Muskrat and Trumprat are involved in it- Well there is you answer. If Santa Clause & the Easter Bunny were real, we would all be millionaires. Standing in front of a graph chart does not make it real either.

    6. $70,000 for a balloon full of air seems to me like it is expensive. Don’t you think so? I find it so funny to see all these experts talk about something that isn’t real and created out of thin air.

    7. It's amazing how people talk about pricing and how low can it go or how high will it go based on absolutely nothing but their feelings… Such a stupid thing to "invest in"

    8. Bitcoin was designed to only make money when the price goes up and never be changed. It destroys the nature of Bitcoin and the laws of math to make money when the price goes down. This is a travesty.

    9. I think Bitcoin will be done without a real world use for it. So far, all this increase in value is hope that someday there will be a wide spread use for bitcoin. Now that people are seeing that may never come they are dumping it.

    10. "The Crypto industry" is marketing grift, industry creates product, creates R&D, creates long term value. The "Crypto Industry" creates FOMO, Chinese miners, and higher energy prices. There isn't a long term out, if anyone hasn't figured that out.

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