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Market Cap:
24h Vol:
Cryptocurrencies: 6295
Bitcoin Bitcoin Share: 58.42%
Markets: 113687
Bloomberg (Crypto)
February 6, 2026 4:09 PM UTC

Bitcoin’s Inflation-Hedging Promise in Tatters After 36% Plunge

Bitcoin’s Inflation-Hedging Promise in Tatters After 36% Plunge

Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.

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