In brief
- Bitcoin slid to a 15-month low, down more than half from its late-2025 peak, while derivatives data showed a sharp pullback in speculative positioning.
- Market sentiment gauges dropped into “extreme fear,” with options traders paying steep premiums for downside protection.
- Analysts pointed to Federal Reserve uncertainty, a rising dollar and spillovers from global bond and tech-sector stress as key drivers of the selloff.
Investor fear in the crypto market has intensified to a degree not seen since the collapse of the Terra Luna ecosystem in mid-2022, driven by a brutal, macro-led selloff.
Bitcoin’s price fell to a 15-month low of $60,255 on Thursday, marking a 52.2% decline from its October 2025 all-time high of $126,080,…
Feb 06 2026
