-
Crypto crash accelerates as investors flee risky assets
Bitcoin’s plunge accelerated on Thursday, as the world’s largest cryptocurrency fell more than 12% to below $64,000 in late afternoon trading, a level not seen since October 2024. The moves underscore how vulnerable cryptocurrencies can be when investors turn away from risk. The sharp drop was a reversal from late last year, when bitcoin surged to record highs above $125,000 a coin. In the four months since then, the digital currency has lost nearly half its value. Since that high on Oct. 6, bitcoin has lost more than $1.2 trillion worth of value, according to CoinMarketCap. The selling comes as investors pull ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From usatoday.com|Feb 5, 2026Amid the hunt for "Today" cohost Savannah Guthrie's mom Nancy Guthrie, TMZ and an Arizona CBS News affiliate report receiving demands for millions in Bitcoin for her release. TMZ ...
From msn.com|Feb 5, 2026The crypto exchange run by billionaires Tyler and Cameron Winklevoss is slashing as much as 25% of its workforce and winding down operations in the UK, European Union and ...
From morningstar.com|Feb 5, 2026The value of Strategy's bitcoin holdings is now below the company's market cap, which the company's CEO has said could lead to bitcoin sales Bitcoin's selloff means Strategy is ...
-
- Newer Stories
From forex.com|Feb 5, 2026When risk assets start moving together, it’s rarely by choice. Dispersion has vanished, leaders are breaking down, and liquidity is pulling back to the sidelines. Volatility is no ...
From fxstreet.com|Feb 5, 2026Bitcoin (BTC) has declined below $65,000 on Thursday, down 11% over the past 24 hours. The move marks its largest decline since the October 10 leverage flush. Since then, the top ...
From cnbc.com|Feb 5, 2026Senate Agriculture Committee Chairman John Boozman, R-Ark., said he feels “very strongly” about reaching Senate agreement — likely this year — on a cryptocurrency market structure ...
