Bitcoin hits 12-week low as dollar rallies on interest-rate outlook, liquidations top $1.6 billion

Bitcoin (BTC) fell below $70,000 for the first time since August and is down 3.5% since midnight UTC, as the dollar climbs and liquidations top $1.6 billion.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]