In brief
- Bitcoin has suffered one of its steepest daily declines since 2022, extending losses from its 2025 peak.
- The selloff triggered more than $1.4 billion in liquidations as leverage continues to unwind across the market.
- Analysts told Decrypt price action meets bear-market definitions, though some see scope for a short-term technical rebound.
Bitcoin’s sharp retreat from its late 2025 peak, capped by its worst single-day drop since the 2022 market crash, has reignited concerns that crypto has already entered a bear market under conventional definitions.
Between February 4 and 5, Bitcoin logged one of its sharpest trading periods in more than three years, posting a roughly 14% single-day decline, the largest since a 14.19% drop on…
Feb 06 2026
