Why Did BitcoinCrash, and WhenWill Crypto Recover?
Bloomberg Technology·2026-02-06 20:42
Bitcoin has crashed again. The largest cryptocurrency has fallen more than 50% from its record high in October, hitting around $60,000. We've been through this before.So, what's really different this time. [music] It's really not about a big company or exchange collapsing or another bad headline. What we're seeing, traders say, is a riskoff mood hitting crypto across the board.High interest rates and tighter liquidity mean investors are pulling back from risky assets. And crypto is right at the front of tha ...