Bitcoin price breaks $85,000 as $1 billion in crypto bets get wiped out — is $70,000 next?
Bitcoin slipped below $85,000 on Thursday, plunging as much as 6.8% to $83,240—a two-month low that sparked over $1 billion in liquidations, as leveraged positions were forced closed amid the sell-off.https://www.bloomberg.com/news/articles/2026-01-29/bitcoin-drops-below-86-000-as-traders-retreat-from-risk-assets