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At Close: Jul 09, 2026
Bitcoin and the broader crypto market now appear more violent than the 1929 U.S. stock crash, as extreme boom-and-bust cycles compress historic levels of risk into years, warns Bloomberg Intelligence

The Drop In Bitcoin Is Not The End Of Crypto

07:17pm, Thursday, 05'th Feb 2026
Bitcoin is down, but far from done
A new development has emerged in the search for Nancy Guthrie, the 84-year-old mother of Today show anchor Savannah Guthrie.
Pantera Capital CEO Dan Morehead told attendees at Ondo's conference that sovereign competition could become the next big driver of bitcoin demand, predicting what he called a “global arms race” f
TL;DR Bitcoin and Ethereum fall ~50% and 60% from 2025 highs to late-2024 lows. Massive liquidations and macroeconomic risk-off sentiment are amplifying the current selling pressure. Historical 80% av
TL;DR: Following Bitcoin's recent correction, the price fell below $71,000, erasing all gains accumulated since 2024. Despite this setback, the Bitcoin power-law model suggests that the cryptocurrency
Bitcoin is down more than 40% from its October highs, but investors in spot Bitcoin ETFs have pulled 6.6% of assets.
Strategy executives Phong Le and Andrew Kang say the company is on a strong financial footing despite it now being down 17.5% on its Bitcoin holdings.
This week, the crypto asset exchange Bullish reported a steep fourth-quarter net loss even as adjusted revenue, EBITDA, and activity in its bitcoin options market climbed sharply, pointing to a wideni
Bloomberg Intelligence Senior ETF Analyst, Eric Balchunas joins CoinDesk's Jennifer Sanasie to discuss why ETF investors are staying remarkable steady while the rest of the market panics. He breaks do
Bitcoin posted one of its single-largest intraday drops on Thursday, falling from roughly $73,100 at open to a low near $62,400.

Tether Co-Founder Weighs In on Bitcoin Selloff

06:16pm, Thursday, 05'th Feb 2026
Tether co-founder William Quigley weighs in on the recent selloff in cryptocurrencies. Speaking on "Bloomberg The Close," Quigley says he never expected crypto to be a long-term investment opportunity
Bitcoin prices have suffered quite a bit lately, and are currently down more than 50% from the record high of roughly $126,300 they reached last Fall.
Strategy suffers $12.4B Q4 loss as Bitcoin market downturn sinks BTC to $64K, stock down 17%, yet affirms its long-term Bitcoin strategy. Strategy posts $12.4B Q4 loss as Bitcoin sinks to $64K and sto
Crypto analyst Coinvo has revealed that the Bitcoin price has just hit a 15-year trendline following its latest crash to around $70,000. He declared this a buying opportunity, noting that the trendlin
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