Bitcoin has fallen below $71,000 while Ethereum has slipped beneath the $2,000 threshold, extending a cryptocurrency market selloff that has pushed the two largest digital assets down to significant price levels. According to information shared by Coin Bureau, Bitcoin has lost roughly 15% of its value over the past month and now sits at its lowest level since August 20, while Ethereum touched $1,999 earlier in the morning.

Bitcoin Slides to Its Lowest Level Since August 20

The latest decline took Bitcoin below $71,000, marking its weakest price level since August 20. For the world's largest cryptocurrency, the move represents a substantial reversal: approximately 15% of its value has been lost over the past month. By definition, the new level places Bitcoin below every price it has recorded since August 20, giving that date a role as a reference point for measuring the depth of the current slide.

Bitcoin's monthly decline provides a measure of the selling pressure currently affecting the digital asset market. The cryptocurrency's fall below the $71,000 threshold also places renewed attention on its near-term price performance as the broader market experiences further weakness.

Coin Bureau highlighted the drop in a post on X, identifying Bitcoin's latest price movement as part of a deepening cryptocurrency selloff. The post did not identify a specific catalyst behind the decline, nor did it provide additional figures for Bitcoin's trading volume or market capitalization. The update accordingly stops short of attributing the move to any single event, leaving the drivers of the selloff unstated.

Ethereum Falls Below the $2,000 Threshold

Ethereum has also come under significant selling pressure. The second-largest cryptocurrency touched $1,999 earlier in the morning, briefly moving below the psychologically important $2,000 price level. The one-dollar margin of that touch illustrates how closely Ether was trading to the round-number mark when the update was published.

The move places Ethereum below a widely watched round-number threshold, adding to the negative market conditions described by Coin Bureau. While the source did not specify Ethereum's percentage decline over the past month, its reported low of $1,999 highlights the extent of the latest weakness.

Bitcoin and Ethereum are the two largest cryptocurrencies by market presence, making their price movements important indicators of broader conditions in the digital asset market. That both assets fell below major price thresholds within the same market downturn underscores the scale of the selling pressure reported in the latest update.

Crypto Market Selloff Deepens

The simultaneous declines in Bitcoin and Ethereum form the central development in Coin Bureau's market update. Bitcoin dropped below $71,000 and reached its lowest level since August 20, while Ethereum touched $1,999 during the morning session.

Bitcoin's approximately 15% decline over the past month is the only specific performance figure provided in the report. Beyond the two price levels and Bitcoin's monthly performance figure, no additional price targets, market forecasts, trading data, or explanations for the selloff were included in the original post.

The latest figures therefore leave two key price levels at the center of the market update: Bitcoin trading below $71,000 and Ethereum falling to $1,999. Both developments were highlighted by Coin Bureau as the cryptocurrency selloff continued.

About This Report

This article is based on a market update published by Hokanews and written by Victoria Hale, a Technology & Blockchain Writer who covers blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her reporting explores how new protocols and systems are shaping the evolving digital economy, with an emphasis on clarity and accuracy when explaining technical developments to a general audience. The price information cited in this article was shared by Coin Bureau in a post on X.

The original publisher notes that its articles are intended to keep readers informed and do not constitute financial advice. Readers are encouraged to conduct their own research and, where appropriate, seek guidance from a qualified financial advisor before making investment decisions. The publisher also cautions that crypto market information changes rapidly and may not be fully complete or up to date.