Bitcoin sinks to $69K on Thursday, first return to $60K range since November 2024

Bitcoin fell below $70,000 on Thursday, touching $69,100 on Bitstamp during the Asia session, according to TradingView. CoinGlass showed about $130 million in long liquidations over four hours as traders watched the 200‑week EMA near $69,000 and discussed potential downside toward $50,000, while the Coinbase Premium hit its lowest in more than a year.