Bitcoin slips below 71k as risk-off mood pushes crypto to a 2024 low

Bitcoin slid below $71,000 to its lowest level since October 2024, dropping about 7% in 24 hours to roughly $70,900 as risk-off selling hit crypto and related equities; Ethereum fell to around $2,091, while Coinbase declined about 6.1% and Bitmine fell roughly 9.2%. The Crypto Fear & Greed Index remained in “extreme fear” territory, with macro pressures cited by analysts as driving the sell-off, though some see a longer‑term opportunity if ETF flows stabilize and selling pressure eases.