Bitcoin’s sharp decline — nearly 50% from its all-time highs reached just months ago — has reignited debate over the cryptocurrency’s stability, but hedge fund veteran Gary Bode says the selloff is a feature of the asset’s inherent volatility rather than a sign of a broader crisis. In a post on X, Bode noted that
Bitcoin has entered a highly sensitive phase after an aggressive downside continuation. The recent sell-off has pushed it into a historically reactive demand region of $60K, while broader risk sentiment remains fragile. The market is approaching a juncture where technical structure, higher-timeframe demand, and on-chain liquidity dynamics converge, making the coming sessions critical for short-
Table of Contents Bitcoin ($BTC): Key Long-Term Support TestedEthereum ($ETH): Breakdown Accelerates Selling PressureSolana ($SOL): High Beta, Higher Volatility Bitcoin entered 2026 on a relatively constructive note, briefly stabilising after the year-end volatility. However, that optimism faded quickly over the past few weeks as $BTC experienced a sharp sell-off, driving price aggressively toward the 200-week
Bitcoin has recovered from a low near $60,000 to now stand around $69,000, having effectively given back the gains it made after Donald Trump’s election in November 2024 this week. The cryptocurrency’s drop was accompanied by a broader market sell-off that saw the CoinDesk 20 (CD20) index lose more than 17% of its value in
Bitcoin has recently experienced a sharp freefall in the past 48 hours, scaring retail investors and raising serious concerns over its future viability. Though its price has improved slightly on Friday, traders are bracing themselves for the next big dip– and how much worse it might be. Luckily for the crypto industry, this year wouldn’t
Bitcoin has risen over the $70,000 threshold, giving markets hope that the market meltdown may be coming to a close. Since the end of January 2026, the largest cryptocurrency by market cap has continued to experience a drawdown because of macro uncertainties, ETF outflows, and risk-off sentiments. Nevertheless, a recent evaluation by Galaxy Research and
Bitcoin’s plunge to nearly $60,000 on Thursday, a nearly 30% drop over 7 days, has got traders on X began floating theories that the selloff was not purely macro or risk-off, but various reasons that contributed to the asset’s worst single-day performance since FTX crashed in 2022. Flood, a prominent crypto trader, called it in
Following the sharp drop in Bitcoin prices, Strategy (MSTR) made important announcements regarding its current financial situation. The company announced that as of February 1st, it has cash reserves of $2.25 billion. The statement indicated that the current level of dollar reserves is planned to be maintained for the next 2 to 3 years in
Although gold has recently pulled back, it experienced a significant surge last week. However, Bitcoin failed to keep pace with the gold rally, joining the gold decline and falling below $70,000. This divergence further fueled the Bitcoin vs. gold debate, but banking giant JPMorgan put an end to the discussion. Accordingly, JPMorgan stated in its
Bitcoin Falls Over $59,000 in Largest Drawdown Ever, Down Nearly 47% From All-Time High Bitcoin’s price crashed sharply on Thursday, sliding through critical support and dipping near $66,000 in volatile trading — marking what appears to be the largest absolute dollar drawdown on record for the world’s largest cryptocurrency. The latest plunge comes during a