The bitcoin selloff is deepening after worst day for the pioneering crypto since FTX collapse

Market Intelligence Analysis

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Why This Matters

The bitcoin market is experiencing a significant downturn, with a loss of over 50% in value, marking its worst day since the FTX collapse.

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.

A punishing bitcoin selloff that has erased more than half of the pioneering crypto’s value was gaining momentum Thursday evening.

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Original article published by MarketWatch on February 6, 2026.
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