Bitcoin under US$70,000 for first time since Trump’s election win amid Fed fears
- Posted on February 5, 2026
- By South China Morning Post
- 4 Views
Bitcoin under US$70,000 for first time since Trump’s election win amid Fed fears

Bitcoin is down about 45 per cent from its October high as fears of a hawkish Fed Chair trigger instability, with investors wary of further declines.