The Crash Heard 'Round the Cryptosphere On February 5th, Bitcoin cratered 13% in a single day, breaking below $64,000 and dragging the rest of the crypto market down with it. Ether dropped 14%. XRP collapsed over 22%. In total, more than $2 billion in leveraged positions were liquidated, sending panic through the digital asset world. Bitcoin has now lost nearly 45% of its value since its all-time high of $126,000 back in October. It’s down 20% this week alone, and it’s not just the price falling—it’s the illusion that this was ever a “safe haven” collapsing with it. Bitcoin’s Boom Was a Middle Finger to Fiat Let’s be real: Bitcoin didn’t surge because of some revolutionary use case. It exploded…
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