Bitcoin’s latest selloff is shattering many of its most enduring myths

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Why This Matters

Bitcoin's recent selloff has led to a significant decline in its value, erasing 50% of its gains since an early October high, challenging the notion that it is a hedge against currency debasement.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The crypto was supposed to be a hedge against currency debasement. Instead, it is trading like just another speculative tech stock, erasing 50% of its value since an early October high.

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Original article published by MarketWatch on February 6, 2026.
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