Bitcoin Falls Below $70,000

Bitcoin falls below $70,000 as altcoins drop 4-7%.

The price of the leading cryptocurrency has dropped below $70,000. Major altcoins have decreased by 4-7% over the past day.

At the time of writing, Bitcoin is trading at $69,917, having fallen by 5.7% over the past day.

The total volume of liquidations in the futures market reached $558.26 million.

Spot Bitcoin ETFs have ended a seven-day streak of capital inflows. On March 18, investment products recorded a net outflow of $129.6 million.

The founder of MN Trading, Michaël van de Poppe, compared asset dynamics on the day of the Fed meeting:

• oil and gas prices increased;
• gold lost 4%;
• stock indices fell by a few percent;
• Bitcoin dropped by 3.5%.

It’s interesting to see that;

— Oil is up
— Gas is up
— Gold is down 4%
— Indices are down a few percent
— #Bitcoin is down 3.5%

I must say, that with all the uncertainties that are arising in the world (and unfortunately so), Bitcoin holds up quite strongly on FOMC day.

I was…

— Michaël van de Poppe (@CryptoMichNL) March 18, 2026

The expert noted that amid global uncertainty, the leading cryptocurrency is holding its position “quite confidently.”

CryptoQuant analyst known as Maartun observed unusual activity among retail players. In one hour, users transferred $131.8 million to the Binance exchange. This is the largest surge in recent months.

Retail Inflows to Binance Hit $131.8M in One Single Hour, Highest Since Jan 2026

“The bigger point is the consistency. Every notable inflow cluster in Q1 has appeared either right after or during a sharp BTC move.” – By @JA_Maartun pic.twitter.com/9WXAULWfAP

— CryptoQuant.com (@cryptoquant_com) March 19, 2026

Such capital movements were observed in January and early March. They usually coincided with sharp price fluctuations or local market reversals. Transferring funds to the exchange often signals traders’ intentions to lock in profits.

On March 18, the Federal Reserve maintained the key rate in the range of 3.5-3.75%.