Bitcoin dropped to its lowest level in 15 months on Wednesday, falling to around $72,000 as part of a broader market selloff affecting assets worldwide.
The world’s largest cryptocurrency declined as much as 5.4% to $72,047, reaching a level not seen since November 6, 2024 - the day after Donald Trump won the U.S. presidential election. Bitcoin has now lost more than 40% of its value since reaching its peak in October 2025.
While declines earlier this week were primarily driven by cryptocurrency-specific liquidations, Wednesday’s drop appears connected to widespread market stress. Global markets experienced synchronized selling, with the Nasdaq 100 losing over 2% across software companies, chipmakers, and other rate-sensitive sectors.
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