Bitcoin price crash brought on by these five reasons, says VanEck analyst
Yahoo Finance·2026-02-06 18:07
Bitcoin price crash isn’t triggered by a single catastrophic event. Matthew Sigel, head of digital asset research at VanEck, identified the five key factors that pulled the top crypto to $60,000 on Thursday. The list reveals a market under siege from multiple directions. Collapsing leverage, miners forced to sell, AI hype unravelling, quantum computing risks, and the typical four-year boom-bust cycle patterns that Bitcoin investors expect and sell into. But unlike past crashes with clear culprits — FT ...