Bitcoin slides below $70,000 on Bitstamp
Analysis
Price Impact
HighBitcoin sliding below the widely-tracked $70,000 level is a significant psychological and technical event, potentially triggering further selling pressure or indicating a shift in short-term sentiment.
Trustworthiness
HighThe report comes from coindesk, a reputable crypto news source, citing specific price data from major exchanges like bitstamp and coinbase.
Price Direction
BearishThe price action explicitly describes a 'sell-off' and btc 'slides below $70,000', indicating strong negative momentum and a breach of a key support level.
Time Effect
ShortThe news details an immediate price movement during asian trading hours, reflecting current market sentiment and potential short-term volatility.
Original Article:
Article Content:
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin slides below $70,000 on Bitstamp During Asian trading hours, BTC hit a low of $69,101 on Bitstamp. By Omkar Godbole Feb 5, 2026, 5:49 a.m. Make us preferred on Google BTC slides below $70K on Bitstamp What to know : During Asian trading hours, BTC hit a low of $69,1010 on Bitstamp. BTC hit lows close to $70,000 on other exchanges, including Coinbase. Bitcoin's price sell-off continued Thursday, with prices breaking below the widely-tracked $70,000 level on the OG crypto exchange Bitstamp. BTC's dollar-denominated price slipped to $69,101 during the Asian trading hours, trading a discount to prices on other exchanges, including Coinbase, where BTC hit a low of $70,002. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . BTC's price on Bitstamp. (Bitstamp) Bitstamp Bitcoin News