Bitcoin Falls Below $70K, Wiping Out Gains Since Trump’s Win | Bloomberg Businessweek Daily 2/5/2026

On today’s episode of Bloomberg Businessweek Daily, Carol Massar and Tim Stenovec discuss Bitcoin falling below $70,000 with Nobel Laureate in Economics Paul Krugman, who calls the world’s biggest cryptocurrency a “total bust.” Fidelity Investments Director of Global Macro Jurrien Timmer also weighs in on Bitcoin price action and broader market volatility. Plus, Brooks Running CEO Dan Sheridan weighs in on the firm’s global sales and the athleisure and footwear market as a whole. Then, Xero CEO Sukhinder Singh Cassidy on her company’s business as AI worries weigh on tech firms. (Source: Bloomberg)