Bitcoin Drops Below $70,000 As Ethereum, XRP, Dogecoin Slide 2%

Bitcoin is trading below $70,000 despite steady ETF inflows and a slight improvement in sentiment. CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$69,479.56Ethereum(CRYPTO: ETH)$2,118.48Solana(CRYPTO: SOL)$89.11XRP(CRYPTO: XRP)$1.39Dogecoin(CRYPTO: DOGE)$0.09295Shiba Inu(CRYPTO: SHIB)$0.056092 Notable Statistics: Coinglass data shows 80,886 traders were liquidated in the past 24 hours for $174.56 million. SoSoValue data shows net inflows of $167.2 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $16.2 million. In the past 24 hours, top gainers include Bittensor, Kite and Artificial Superintelligence Alliance. Notable Developments: Bitcoin Crashed 20%+ After Every Bank Of Japan Rate Hike—And Another One May Be Coming Polymarket Is Done Being Free: New Fee Structure To Be Introduced On March 30 Bitcoin To $80,000? Don’t Get Bullish Even If It Happens, Analyst Warns NYSE Building Separate Blockchain Venue That Will Allows 24/7 Securities Trading Bitcoin Ping Pongs Around $70,000 As Trump Headlines Drive Volatility Bernstein: 45% Bitcoin Crash Is The ‘Weakest Bear Case In History’, $150,000 Remains The Target CRCL Sheds 6% Despite EU Push To Fast-Track Digital Asset Framework Trader Notes: Trader Michael van de Poppe said Bitcoin has recently outperformed gold, forming a bullish monthly engulfing pattern on the BTC/gold chart. Despite the strength, he said Bitcoin still appears undervalued relative to historical norms, pointing to a potential "mean reversion" range near $90,000–$95,000. Trader Crypto Tony noted Bitcoin is at a key inflection point, highlighting two critical levels: $68,900: Must hold to avoid further downside and potential new lows $72,300: A reclaim would signal renewed strength and shift momentum higher Daan Crypto Trades said Bitcoin is consolidating around $70,000, with liquidity clustered near $69,000 on the downside and $71,500 on the upside. He expects a sweep of one side before a clearer directional move emerges. Image: Shutterstock