Bitcoin falls below $70,000 amid Warsh shock; $40B open interest erased and low hits $67,619

On Thursday, Bitcoin slipped under $70,000, touching $67,619 and registering a 15‑month low as markets re‑priced liquidity risks. According to Cryptonews, about $40 billion in open interest vanished in under 48 hours while traders reacted to Kevin Warsh's prospective leadership at the Federal Reserve. Spot ETF assets also fell below $100 billion in Q1, and gold surpassed $5,100/oz.