• BTC stumbles below $70,000.
• Liquidation crosses $100 million.

Bitcoin [BTC] surged past the $73,000 price level, fueling anticipation of a potential new all-time high (ATH). However, the price dropped below the $70,000 mark, triggering a significant volume of liquidations.

Bitcoin falls below $70,000

On 14th March, Bitcoin experienced a significant downturn, lowering its price by over 2% to approximately $71,400. This decline followed its surge above $73,000, marking a new all-time high for BTC.

At the time of this writing, the price had fallen to around $66,880, reflecting a decline of over 8%. This marked the first consecutive decline for BTC since late February.