Data: Bitcoin returns to the $70,000 range after 297 days, Ethereum plummets 11.8% in 24 hours

According to Gate market data, the cryptocurrency market has experienced a waterfall decline, with Bitcoin returning to the $70,000 range after 296 days, currently priced at $78,935, hitting a new low since April 11, 2025. Ethereum has plummeted 11.8% in 24 hours, reaching $2,370. SOL has dropped to $100.26, and BNB has fallen below $800. The total market capitalization of cryptocurrencies has evaporated by 5.7% today, currently reported at $2.738 trillion.