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Bitcoin Price Plunges Below $70,000 as Volatility Roars Back

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Bitcoin Price Plunges Below $70,000 as Volatility Roars Back

Bitcoin’s price slid sharply today, falling to roughly the high‑$69,000 range as a wave of selling pressure hit the broader crypto market and erased tens of billions of dollars in value from the world’s largest digital asset. The drop marks a pullback of around 5 percent over the last 24 hours, underscoring how quickly sentiment can swing in an asset still dominated by speculative trading and macro‑driven flows.

Bitcoin hovers near $69,000 amid sharp daily drop

Real‑time quote data shows Bitcoin changing hands around 69,000 to 69,500 dollars today, with most major trading venues and trackers clustering in that band. One widely referenced feed lists Bitcoin at about 69,146 dollars, down more than 3,800 dollars on the session and more than 5 percent on the day. Other large aggregators and exchanges quote spot prices in a similar zone, generally between 69,100 and 69,400 dollars, after an overnight selloff knocked the token firmly below the 70,000‑dollar threshold.

The sell‑off comes after Bitcoin recently traded near 73,000 dollars within the last 24 hours, meaning the coin has given up several thousand dollars from its intraday high in a relatively short window. Market‑cap estimates put Bitcoin’s total network value around 1.38 trillion dollars at current levels, cementing its position as the most valuable cryptocurrency by a wide margin even after the decline.

From record highs to deep pullback

Despite today’s weakness, Bitcoin remains dramatically higher than its long‑term lows, but it has retreated steeply from the record levels set in recent months. Recent data show a 52‑week high above 120,000 dollars, meaning the coin now trades roughly 40 to 45 percent below its peak depending on the source and timestamp.

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Shorter‑term trend gauges highlight the depth of the correction. One real‑time feed lists Bitcoin’s 50‑day moving average near 88,000 dollars and its 200‑day moving average above 103,000 dollars, indicating that the current spot price is well below both key technical levels. On some major retail platforms, Bitcoin is also down double digits over the past month and week, reflecting a sustained cooling after a powerful rally earlier in the cycle.

At the same time, several trackers point out that Bitcoin is still up strongly over the last year despite the recent turbulence, a reminder of just how volatile the asset can be across different time frames.

Volume remains heavy as traders reposition

Even as prices fall, trading activity remains intense. One large global data source shows 24‑hour volume for Bitcoin in the tens of billions of dollars, with estimates ranging from roughly 90 billion to more than 110 billion dollars depending on methodology. Another venue reports that more than 1.3 million BTC—worth well over 120 billion dollars at recent prices—has changed hands in the last day on its platform alone.

That elevated turnover suggests today’s declines are being driven by active repositioning rather than a quiet drift lower, as both leveraged traders and longer‑term holders respond to shifting signals from macro markets, regulation and sentiment. Several data providers also note that Bitcoin continues to dominate overall crypto market value, representing around 60 percent of total capitalization and outpacing major rivals in trading activity.

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Macro jitters, regulatory headlines weigh on sentiment

Analysts say today’s pullback comes against a backdrop of renewed anxiety over interest‑rate policy, risk‑asset valuations and ongoing regulatory scrutiny of the crypto sector. While specific catalysts vary by region and venue, professional observers have repeatedly pointed to Bitcoin’s growing sensitivity to macroeconomic headlines, including inflation releases, central‑bank commentary and equity‑market swings.

Recent commentary from major exchanges and price‑tracking services emphasizes that a combination of market sentiment, user adoption trends, institutional flows and regulatory developments continues to drive sharp intraday moves in Bitcoin. Some platforms also highlight that the latest halving cycle and the maturation of derivatives markets may be altering traditional boom‑and‑bust patterns, though the asset’s core volatility remains firmly intact.

Exchanges show tight spreads, deep liquidity

Order‑book data from multiple centralized exchanges indicate that Bitcoin remains highly liquid, with tight spreads and substantial depth on both sides of the market. One popular aggregator lists leading BTC/USDT trading pairs on major venues with spreads around 0.01 percent and individual 24‑hour volumes in the billions of dollars.​

That liquidity helps facilitate rapid repricing when sentiment shifts but can also amplify volatility when large orders or cascades of liquidations hit leveraged structures. Market‑structure analysts say today’s slide appears consistent with a high‑liquidity environment where short‑term traders aggressively sell into weakness while longer‑term buyers selectively step in at lower prices.

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Investors weigh long-term thesis against short-term pain

For long‑term believers, today’s pullback is another chapter in Bitcoin’s history of steep drawdowns followed by extended recoveries. Supporters point to the asset’s capped supply of 21 million coins, its growing institutional custody and ETF infrastructure, and its increasing role as a macro hedge for some investors as reasons they remain confident despite near‑term turbulence.

But critics and cautious traders note that the same volatility which has fueled Bitcoin’s upside can just as easily generate rapid, deep losses, particularly for newcomers using leverage or concentrating too much of their portfolio in a single speculative asset. With the price currently well below both medium‑term moving averages and recent highs, many technical analysts are watching closely to see whether Bitcoin can establish a firm base around the high‑$60,000 zone or whether further downside pressure emerges.

What today’s move means for everyday traders

For retail traders and long‑term holders watching today’s red numbers, professionals emphasize several key points:

  • Bitcoin’s price routinely experiences swings of 5 percent or more in a single day, and today’s move, while uncomfortable, is not historically unusual for the asset class.
  • Elevated volume suggests strong two‑sided interest, with some investors viewing the pullback as a buying opportunity while others lock in profits from earlier rallies.
  • The coin remains firmly in the number‑one spot by market cap, and its dominance over other cryptocurrencies continues to reinforce its central role in the digital‑asset ecosystem.

Risk specialists continue to urge would‑be investors to research carefully, size positions conservatively and consider the potential for large, rapid price moves in either direction. They also stress the importance of using reputable platforms, securing private keys or exchange accounts properly, and understanding the tax and regulatory implications of crypto transactions in their home jurisdictions.

As Bitcoin hovers around the 69,000‑dollar mark after today’s drop, the market’s next moves will likely hinge on a familiar mix of macroeconomic data, regulatory headlines and the ever‑shifting tide of investor psychology — factors that have long made the original cryptocurrency both a symbol of digital‑age opportunity and a lightning rod for debates over risk.

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ArcelorMittal S.A. (MT) Q4 2025 Earnings Call Transcript

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Q4: 2026-02-05 Earnings Summary

EPS of $0.86 beats by $0.31

 | Revenue of $14.97B (1.75% Y/Y) misses by $628.98M

ArcelorMittal S.A. (MT) Q4 2025 Earnings Call February 5, 2026 9:30 AM EST

Company Participants

Daniel Fairclough – Head of Investor Relations & VP of Corporate Finance
Aditya Mittal – CEO & Director
Genuino Christino – Executive VP & CFO

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Conference Call Participants

Alain Gabriel – Morgan Stanley, Research Division
Tristan Gresser – BNP Paribas, Research Division
Ephrem Ravi – Citigroup Inc., Research Division
Cole Hathorn – Jefferies LLC, Research Division
Reinhardt van der Walt – BofA Securities, Research Division
Bastian Synagowitz – Deutsche Bank AG, Research Division
Matthew Greene – Goldman Sachs Group, Inc., Research Division
Timna Tanners – Wells Fargo Securities, LLC, Research Division
Philip Gibbs – KeyBanc Capital Markets Inc., Research Division
Maxime Kogge – ODDO BHF Corporate & Markets, Research Division

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Presentation

Daniel Fairclough
Head of Investor Relations & VP of Corporate Finance

Good afternoon, everyone. This is Daniel Fairclough from the ArcelorMittal Investor Relations team. Thank you for joining this call to discuss ArcelorMittal’s performance and progress in 2025. Present on today’s call, we have our CEO, Aditya Mittal; and our CFO, Genuino Christino.

Before we begin, I’d like to mention a few housekeeping items. As usual, we will not be going through the results presentation that we published this morning on our website However, I do want to draw your attention to the disclaimers on Slide 26 of that presentation. Following opening remarks from Aditya and Genuino, we will move directly to the Q&A session. [Operator Instructions]

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And with that, I will hand over the call to Aditya.

Aditya Mittal
CEO & Director

Thanks, Daniel. Welcome, everyone, and thank you for joining today’s call. Before I ask Genuino to walk through our financial performance, I want to start by reflecting on the progress we have made against our 2025 priorities.

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When I look back at the year, the achievements are clear and everyone at ArcelorMittal

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New procurement VP named at Flowers

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New procurement VP named at Flowers

Bret Hathaway to succeed retiring Miles Dennis.

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Perth CBD terror act declared

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Perth CBD terror act declared

An alleged attempt to detonate a homemade explosive device at a protest on Australia Day has been declared an act of terror, nine days after the incident took place.

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Jobs set to be cut at Wedgwood

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Jobs set to be cut at Wedgwood

Seventy workers at the Staffordshire site were put on temporary leave last year due to slow demand.

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Packaging producers respond to state packaging sustainability mandates

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Packaging producers respond to state packaging sustainability mandates

Food producers are hesitant to jump in on EPR rules as they are concerned that they could change.

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Turning Complex Ideas Into Lasting Impact

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Turning Complex Ideas Into Lasting Impact

Jason Goldberg Winnipeg has built a career around clarity. In a field known for complexity, he has focused on making big ideas work in the real world. Not with noise or headlines, but with structure, discipline, and long-term thinking.

Based in Winnipeg, Jason is a partner at MLT Aikins, the largest law firm in Manitoba and Western Canada. His work sits at the intersection of tax law, business strategy, and transition planning. Over time, he has helped shape transactions and structures that allow businesses and families to move forward with confidence.

“I’ve always believed that good ideas only matter if they can be implemented,” Jason says. “Execution is where value is created.”

Early Influences and a Winnipeg Foundation

Jason Goldberg Winnipeg

grew up in Winnipeg, a city that values loyalty and community. Sports and culture were a constant presence. From the historic Winnipeg Arena to today’s Canada Life Centre, he learned early that showing up matters.

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“Winnipeg teaches you to stay committed,” he says. “You don’t chase trends. You build something solid.”

That mindset shaped his early ambitions. In 1989, Jason received a YTV Achievement Award for Entrepreneurship. It was an early signal of his interest in how ideas become sustainable ventures.

He went on to earn a BA from the University of Manitoba in 1993, followed by a law degree from the University of Western Ontario in 1997. He was called to the Manitoba Bar in 1998.

Finding His Path in Tax and Business Law

Early in his legal career, Jason gravitated toward tax law. It was not about numbers alone. It was about how decisions ripple across time.

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“Tax law forces you to think ahead,” he says. “You can’t just look at today. You have to understand what happens five or ten years down the road.”

To deepen his expertise, Jason completed the CICA In-Depth Tax Course in 2006, along with advanced training in corporate reorganisations and tax law. These programmes are known for their rigour and practical focus.

“You learn very quickly that precision matters,” he says. “Small details can shape very large outcomes.”

Bringing Big Ideas to Life in Practice

Jason’s work focuses on corporate tax planning, acquisitions and divestitures, reorganisations, and estate and succession planning. Much of it involves closely held and family-owned businesses facing moments of change.

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These moments often come with pressure. Emotions run high. Timelines are tight.

“My role is to bring creativity and stamina to a complex problem,” Jason explains. “A concept needs space to be tested before they are put into motion.”

He is known for helping clients translate complex strategies into workable steps. Not by oversimplifying, but by asking the right questions early.

“Good planning is about alignment,” he says. “When structure and intent match, things tend to hold.”

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Leadership Through Clarity and Collaboration

As a partner at MLT Aikins, Jason works closely with lawyers, accountants, and advisors across disciplines. Transactions rarely succeed in isolation.

“Everyone brings a piece of the puzzle,” he says. “Leadership is making sure those pieces fit together.”

Jason is also active in professional education. He has written papers for Continuing Legal Education and the Canadian Tax Foundation and presented for organisations such as the Business Development Bank of Canada.

Teaching, he believes, keeps his thinking sharp.

“If you can explain a complex idea in plain language, you can understand it,” he says.

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Life Beyond the Office

Outside of work, Jason remains deeply connected to sports and the arts as a supporter. He is a lifelong fan of the NHL and NBA. At home, he supports the Winnipeg Jets. From afar, he follows the New York Rangers. The Phoenix Suns and Vancouver Canucks are also favourites.

“Sports are a shared experience,” he says. “They bring people together in a way few things can.”

That same belief draws him to the arts. Jason regularly attends the Vancouver International Film Festival and the Toronto International Film Festival. He enjoys discovering new voices and perspectives.

He also supports institutions such as the Vancouver Symphony Orchestra, Phoenix Symphony Orchestra, Vancouver Art Gallery, Phoenix Art Museum, the Scottsdale Museum of Contemporary Art and the Agassiz Chamber Music Festival.

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“Art challenges how you see the world,” he says. “That’s valuable in any profession.”

Investing in Education and the Future

Jason is an advocate for education and youth development. He actively supports Balmoral Hall School and programmes that encourage leadership, curiosity, and character.

“Education is one of the few investments that always pays forward,” he says.

That belief mirrors his professional philosophy. Focus on fundamentals. Build with care. Let results compound over time.

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A Career Defined by Thoughtful Execution

Jason Goldberg’s career is not defined by bold claims. It is defined by follow-through and working the details. By taking complex ideas and turning them into structures that last.

“Success is usually quiet,” he says. “If things are working, you’re probably doing something right.”

From his roots in Winnipeg to his leadership role today, Jason continues to show that innovative concepts and implementation adds value for clients.

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‘Milestone’ deal as Palatine-backed waste manager Papilo buys Midlands group

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Expanded group will focus on companies with zero-waste strategies

Papilo has acquired Allwood Recycling Solutions

Allwood Recycling Solutions is based in Warwick(Image: Allwood Recycling Solutions)

A waste management firm backed by investment group Palatine has acquired a Midlands firm in a “milestone” deal that will create a £60m revenue business with more than 200 employees. Swinton’s Papilo has taken over Warwick-based Allwood Recycling Solutions in its second acquisition since it secured the backing of Palatine’s Impact Fund.

Allwood was founded in 2010 by Darren Wheeler and has been led since 2025 by Gavin Ebery. Both will continue with the Papilo group with the rest of the Allwood team.

The Midlands business focuses on the distribution and logistics sector and manages more than 150,000 tonnes of material each year.

READ MORE: Palatine invests in tech logistics firm fulfilmentcrowd and its global expansion plansREAD MORE: Palatine backs AI and data consultancy Atombit as it makes three acquisitions

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Paul Hodgkiss, CEO of Papilo said: “The Allwood team are hugely well-regarded in the industry and I am delighted to welcome Gavin, Darren and the wider Allwood team to Papilo. They bring outstanding experience, technical knowledge and from the outset, it was clear that we share a common purpose where sustainability, and the circular economy, sit at the centre of every service.

“This is a milestone acquisition for the group and will be a major platform for growth.”

Gavin Ebery, managing director of Allwood Recycling Solutions said: “This deal brings together two purpose-driven, like-minded businesses and I’m very excited about the opportunities it will bring to our customers and our people.

“We look forward to a new phase of growth as part of Papilo in a market where increasing numbers of blue-chip companies are rolling out zero waste strategies.”

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Greg Holmes, senior investment director at Palatine Impact Fund, said: “This is an important strategic acquisition for Papilo, broadening our service capabilities and brings new experience and technical knowledge into the business.

“We are delighted to have supported on Papilo’s second acquisition in the last eight months and look forward to identifying other suitable targets that will further enhance Papilo’s growth.”

The deal, the value of which was not disclosed, was funded by Palatine Impact II, Kartesia and Virgin Money. Papilo was advised by Gateley Plc (legal), Fellwood Advisory (debt advisory), Forvis Mazars (financial and tax due diligence) and Luminii Consulting (commercial due diligence). Advisors to Allwood included HNH Advisors (corporate finance) and Burges Salmon (legal).

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Nasdaq Extends Decline; AMD Sinks After Earnings

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Nasdaq Extends Decline; AMD Sinks After Earnings

The Nasdaq composite fell Wednesday as chip stocks came under fresh selling pressure and concerns lingered about potential AI disruption to software companies.

The tech-heavy index pared some losses in afternoon trading, but still finished 1.5% lower, its fourth down session in five trading days. Disappointing results from chip maker AMD sent its stock down 17%, its biggest pullback since 2017. Palantir, Micron and AppLovin all fell 9% or more.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Oddity Tech stock hits 52-week low at $28.78

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Oddity Tech stock hits 52-week low at $28.78

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BNP Paribas SA (BNP:CA) Q4 2025 Earnings Call Transcript

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

BNP Paribas SA (BNP:CA) Q4 2025 Earnings Call February 5, 2026 8:00 AM EST

Company Participants

Jean-Laurent Bonnafe – MD, CEO & Director
Lars Machenil – Group Chief Financial Officer

Conference Call Participants

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Tarik El Mejjad – BofA Securities, Research Division
Delphine Lee – JPMorgan Chase & Co, Research Division
Giulia Miotto – Morgan Stanley, Research Division
Chris Hallam – Goldman Sachs Group, Inc., Research Division
Jacques-Henri Gaulard – Kepler Cheuvreux, Research Division
Andrew Coombs – Citigroup Inc., Research Division
Flora Benhakoun Bocahut – Barclays Bank PLC, Research Division
Sharath Ramanathan – Deutsche Bank AG, Research Division
Pierre Chedeville – CIC Market Solutions, Research Division
Anke Reingen – RBC Capital Markets, Research Division
Jonathan Matthew Clark – Mediobanca – Banca di credito finanziario S.p.A., Research Division

Presentation

Operator

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Good afternoon, ladies and gentlemen, and welcome to the presentation of the BNP Paribas Fourth Quarter and Full Year 2025 results with Jean-Laurent Bonnafe, Group Chief Executive Officer; and Lars Machenil, Group Chief Financial Officer. For your information, this conference call is being recorded. Supporting slides are available on BNP Paribas IR website, invest.bnpparibas.com.

[Operator Instructions] I would like now to hand the call over to Jean-Laurent Bonnafe, Group Chief Executive Officer. Please go ahead, sir.

Jean-Laurent Bonnafe
MD, CEO & Director

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Good afternoon, ladies and gentlemen. We are pleased to present today our strong fourth quarter results, and we’ll provide some elements on our ’28 trajectory, which we are revising upwards given the strong revenue momentum at the launch of a transformation plan of our support functions.

I will start with our results on Slide 4. So our fourth quarter results confirmed the sharp acceleration we had expected. Revenues posted a strong 8% growth. Jaws effect was higher at 2.9 points and even reached 3.9 points when excluding AXA IM. Cost of fees stayed low at 34 bps well within our trajectory of below 40

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