Posted on 02/15/2026 11:55:13 AM PST by delta7
Crypto markets have remained under pressure since October last year, after Bitcoin scaled its peak and has since been on a declining trajectory.
Crypto Market Crash: The sell-off in the crypto markets intensified on Friday, with the flagship token Bitcoin plunging to $60,074, its lowest level since October 2024. The downturn was equally pronounced across the altcoin space, with Ethereum (ETH) slipping below the $1,800 mark, while XRP, Solana (SOL) and BNB fell more than 13 per cent.
Notably, crypto markets have remained under pressure since October last year, after Bitcoin scaled its peak and has since been on a declining trajectory.
At present, Bitcoin faces near-term pressure amid soft US jobs data, AI-sector concerns, and increased selling, but long-term investors may see opportunity.
“The recent pullback was largely driven by weaker-than-expected US labor data and mounting worries over heavy capital spending in the AI sector, which have weighed on broader risk sentiment,” said Akshat Siddhant, lead quant analyst at Mudrex. “On top of that, continued ETF outflows and short-term holders moving nearly 60,000 BTC to exchanges have added further near-term selling pressure.”
Despite the turbulence, Siddhant believes long-term investors can view the current phase as a buying opportunity. He recommends a disciplined, staggered accumulation strategy, noting that $55,500 remains a critical support level for Bitcoin, while $70,000 serves as immediate resistance...
Tech woes shake global markets The weakness in digital assets mirrors the broader sell-off in global equity markets....The digital asset is now more than 48 per cent below its all-time high of $126,198, recorded on October 7, 2025, CoinMarketCap data showed.....
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True that.
I don’t have any crypto. I’ve never quite understood, how crypto is an asset worth having.
We can all look after the fact and say, wow, if we had invested in crypto long ago, look how much money we would have now.
But past performance is not a prediction or guarantee of future results.
Don’t tell them! They’ll put their money in something else!
as I posted earlier
in my opinion recently people have had to cover their losses in other markets I am not sure where it started, but maybe slowly in Gold and then quickly in Silver.
This created liquidations in Crypto and other stock assets.
In the recent past when money was printed faster than I could imagine using covid as an excuse, that was like a series of meteors hitting in the middle of each the five oceans at the same time, with each hit getting larger and creating more and more turmoil in the markets over time, it is not just a one time hit. Since money is being created, the depth of the market rises and then falls back, but then rises higher before it falls back.
People in the cozy financial centers of the world are being forced to do desperate things to ensure they are not naked, but some of them really are and it is not pretty
As with any other volatile investment, take yer pick:
A. Buy on the dips.
B. Don’t try to catch a falling knife.
As for me, I chose C:
Don’t get involved in the first place.
Instead stick with the good old S&P 500. Slow and steady.
(Your mileage may vary.)
But past performance is not a prediction or guarantee of future results.
With thin air investments, it is no longer expected to get a return on your money, but happy you got your money back at all.
The death of BTC has been declared 467 times and this drop is not even that much compared to past volatility.
https://bitcoindeaths.com/how-many-times-bitcoin-died
After the fed starts cutting interest rates, again, it will probably rally again to new all time highs.
“weaker-than-expected US labor data”
The report of Feb 130,000 was 3 times higher than expected... but still “weaker-than-expected”. On all sides some seem to be straining to twist the data to push their agenda.
The reality is when a cup is half full it is half empty...or vice versa.
I’ve always liked the sound a silver dollar makes when dropped on a hardwood table.
Man-o-man am I glad that I never got into the crypto cash thing. I know many who have and they’ve lost thousands. Some 10’s of thousands.
Yep, first rule of investing, don’t invest in things you don’t understand.
“”””Business Standard ^ | 6 Feb 26 | SI reporter””””
I see the report posted is 9 days old.
I just checked - bitcoin is at around 69K. Has bounced back nicely from 60.
Bitcoin will continue to decline. It has no utility except speculation and the hope someone will buy it at a higher price. Transaction of one bitcoin takes 500–1,200 kWh. It is become more expensive to mine bitcoin so there are less computers to do the transactions. It will probably go to zero or close to zero.
Won’t ai be used in bitcoin mining?
Once again, you refer to “investments”. By definition, neither gold nor bitcoin is an investment. They have no earnings, they don’t produce anything, and there is no organization.
People need to first understand what these things ARE before making declarations about them. You refer to a 5,000 year history of gold. When was the last time people regularly used gold to buy anything without being converted to the local currency.
Yes, that was the buying opportunity, just like in 2014, 2018, and 2022. Sorry you missed it. You’d be up 14% already at this point. But the next year or two will remain a good time to re-enter.
“I don’t have any crypto. I’ve never quite understood, how crypto is an asset worth having.”
you probably wouldn’t have understood why tulips were an asset worth having back in the day, either ... and neither would i ...
crypto is the 21st Century tulip: it’s “value” is no more and no less than how much it can be sold for to the greater fool ... [though, currently, it does seem to have SOME value to terrorists, blackmailers, drug cartels, and smugglers.] ...
in my opinion as a successful investor in corporations that produce materials and products fundamental to the existence of civilization, crypto is literally an idea about nothing ...
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