Bitcoin drops 14pc in a day and sheds half its value in four months as crypto woes continue - News Summed Up

Bitcoin drops 14pc in a day and sheds half its value in four months as crypto woes continue


The market started cracking this month as rising geopolitical tensions sent tremors across global financial markets and curbed risk taking. "The fear and uncertainty across the market is evident," said Chris Newhouse, head of business development at Ergonia. At the same time, retail flow continues to chase zero-day options in equities and higher-yield crypto plays across decentralised exchanges. The figure is even starker when looked at over the past three months, with more than $5 billion yanked out. "Still, these types of moves have historically always been buying opportunities for multi-year investors and many will see it that way.


Source: Irish Independent February 06, 2026 16:57 UTC



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