Bitcoin Plunges, Wiping Billions from Crypto Market

Bitcoin crashes over 50% from its October 2025 peak above $126,000, hitting lows near $60,000 on February 6 before a partial rebound to $70,000, with the entire crypto market losing billions amid extreme fear. Institutional de-leveraging, massive $3 billion ETF outflows in January, and a hawkish Fed signal from strong U.S. jobs data fuel the sell-off, exposing myths that Bitcoin reliably hedges inflation or escapes traditional market risks. Read more about this...