Crypto Bros in Meltdown as Bitcoin Crashes

After months of intense volatility, crypto traders are struggling to maintain a cohesive narrative as the blows keep coming.

Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images

The crypto market has not had a cozy winter. After Bitcoin suffered some epic tumbles in November, the OG cryptocurrency had been hovering around $90,000 — until today, that is.

On Thursday, the Senate Agriculture Committee advanced a bill that would establish a federal regulatory framework for cryptocurrencies. The bill’s future prospects seem dim, but it resulted in a sizable crash for Bitcoin, which fell to around $84,000 — its nadir for 2026 so far. Other prominent digital currencies like Ethereum and Doge fell it with, tumbling as much as 6 percent.

Now, as crypto analysts speculate whether further downfalls are in…

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