Bitcoin price drops below $70,000 again as Bithumb glitch and U.S. data test crypto nerves
Bitcoin dropped 3% to $68,548 early Monday, reversing gains above $72,000. South Korea’s financial regulator called for tighter crypto oversight after Bithumb mistakenly distributed over $40 billion in bitcoin, most of which was recovered. Traders await U.S. payroll and inflation data this week for signals on interest rates.