Crypto selling off as investors flee risk
Summarised by Centrist
A sharp sell-off across global markets is accelerating as investors pull back from risk, hitting cryptocurrencies, equities and currencies.
Bitcoin has led the retreat. The world’s largest cryptocurrency fell more than 10 per cent in a single session, dropping below US$66,000, its lowest level since October 2024. That marks a near 50 per cent collapse from its late-2025 peak above US$125,000.
Investors are exiting riskier assets more broadly, including tech stocks and digital assets. Since bitcoin peaked, the divergence has been stark: gold is up roughly 70 per cent, while bitcoin has fallen more than 30 per cent.
Bitcoin’s “digital gold” narrative is being tested as exchange-traded fund inflows have dried…
