Bitcoin’s Latest Collapse: What Happened? Bitcoin tumbled over 52% from its all-time high of $126,000, crashing to a low of $60,000 in early February 2026. On paper, there was no clear reason for the bloodbath, which sent shockwaves across the entire crypto market. Ethereum and Solana followed suit, both dropping over 24% for the week. “There’s nothing going on in the marketplace that should have necessitated this type of a crash,” said Anthony Scaramucci. Translation? This wasn’t organic market behavior—this was engineered panic. The “Digital Gold” Narrative Is Cracking CNBC admits it: Bitcoin has failed to live up to its “digital gold” narrative. While gold is up 72% over the last year, Bitcoin is down nearly 30%. Why? Because Bitcoin…
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