Saturday, February 7, 2026 at 2:00 AM
The article discusses a significant selloff in the cryptocurrency market, with prominent figures expressing confusion over the reasons behind the downturn, as Bitcoin and Ether experience substantial price drops.
The pain in cryptoland has even hardcore bitcoin fans worried about what’s next.
The biggest U.S. crypto exchange reported a 22% drop in revenue for the fourth quarter, when prices of bitcoin and other digital assets fell sharply.
Bitcoin fell below $76,000 on Saturday, saddling Michael Saylor’s Strategy with paper losses on its token purchases.
Shares of Strategy, Michael Saylor’s bitcoin-stockpiling company, have fallen sharply since crypto prices touched their all-time highs in October.
