A post by @KobeissiLetter on X.
BREAKING: Bitcoin falls below $69,000 and ETH nears $1,900 as selling pressure accelerates in crypto.
@KobeissiLetter on X
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Bitcoin dropped below $69,000 and Ether approached $1,900 as accelerating selling pressure drove a broad crypto selloff, with the market losing roughly $150 billion in value over 48 hours, according to The Kobeissi Letter. The declines mark a sharp pullback across major tokens and reflect intensifying risk aversion in digital-asset markets. The scale of the two-day drawdown makes this one of the more abrupt recent contractions in total crypto market capitalization. Traders will watch whether Bitcoin holds the $69,000 level and whether Ether stabilizes near $1,900, with further losses potentially deepening the selloff.
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Named in this story
Bitcoin (BTC), Ethereum (ETH), The Kobeissi Letter
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