Bitcoin briefly breaks below $73,000 to lowest since November 2024 as heavy selling resumes
By CNBC
February 7, 2026, 5:15 PM EST
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(CNBC): Bitcoin hits 16-month low below $73,000, dropping over 6% in a day.
Bitcoin’s price dropped below $73,000 on Tuesday, marking its lowest level in nearly 16 months. The cryptocurrency fell over 6% to $72,884.38, hitting its lowest point since November 2024. This decline is part of a larger 16% year-to-date decrease, driven by investor concerns over geopolitical issues and regulatory uncertainty in the cryptocurrency market. Despite the recent volatility, experts believe that the long-term outlook for cryptocurrencies remains positive as the market continues to evolve.
