Bitcoin Defends Critical Levels After Two Trillion Dollar Market Rout

Bitcoin is fighting to defend critical support after a historic sell-off erased two trillion dollars from crypto markets. We cover the shakeout that pushed Bitcoin below seventy thousand dollars, erasing all post-election gains, the whale accumulation and technical levels analysts are watching, and why institutional investors are reconsidering their exposure. Plus, XRP reaches historically oversold levels, Ethereum funding rates flip bullish, Japan's crypto reform faces a critical election test, and Vietnam proposes a zero point one percent transaction tax on digital assets. We also explore why machine-to-machine payments could become the new electricity for the digital age.