The price of bitcoin fell below $70,000 (about 102.7 million won), hitting its lowest level in 15 months.
As of 6:30 a.m. Eastern time on the 5th, the price of one bitcoin was $69,967.34 (102.62 million won), down more than 7.6% from 24 hours earlier.
This is the first time in 15 months that the price of bitcoin has fallen below $70,000 since U.S. President Donald Trump's reelection in Nov. 2024.
Analysts said the plunge was due to rising geopolitical crises under the Trump administration's foreign policy, which spread risk asset aversion.
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