Bitcoin sinks below the $70,000 critical support but XRP is hit hardest

Bitcoin retreated below the closely watched $70,000 threshold, leading a broad selloff in digital assets that has erased over $1 billion in trading positions.

According to CryptoSlate’s data, the world’s largest cryptocurrency fell to lows not seen since the November 2024 election, dragging the wider market into the red.

Ethereum slid 7% to around $2065, while XRP, a recent outperformer, dropped more than 14% to $1.35.

Other major tokens, including Cardano, BNB, Solana, and Dogecoin, posted similar…