Crypto crash accelerates as investors flee risky assets

[Wicked Blue]

Source: NBC

Bitcoin’s plunge accelerated on Thursday, as the world’s largest cryptocurrency fell to around $67,000 in morning trading, a level not seen since October 2024. The moves underscore how vulnerable cryptocurrencies can be when investors turn away from risk.

The sharp drop was a reversal from late last year, when bitcoin surged to record highs above $125,000 a coin. In the four months since then, the digital currency has lost nearly half its value.

The selling comes as investors pull back from riskier assets like crypto and tech stocks, and rotate into traditional “safe haven” assets like gold.

Since bitcoin’s October peak, the gap between its performance and gold’s has widened significantly. As of Thursday morning, the value of bitcoin had fallen 32% since February 2025, while the value of gold has soared 68%.

Read more: https://www.nbcnews.com/business/markets/crypto-crash-bitcoin-gold-rcna257556

[Kid Berwyn]

1. Who or What stands behind Bitcoin?

What gives it value?

More importantly for those invested: How does one “cash in” before its “worth” goes down to the cost of one electron or zero, whichever is less.

Asking for a taxpayer and her lawyer.

[Deep State Witch]

2. You Mean They Crypto Bros

Just realized that their baby was started by JE as a way to launder money for all kinds of unsavory people and they're ditching it out of conscience?

Nah. The heat is on. The rats are leaving the sinking ship.

[pfitz59]

3. Thin air disappears

as the crypto Hindenberg crashes.

[Harker]

4. Oh, the inhumanity!

[mdbl]

5. Yawn. Tell me when it drops to it's actual value

$0

[Rastapopoulos]

6. Jump, you *******

[Prairie Gates]

7. Bitcoin down almost 50% since its October high

I'm sure the crypto shitheels will be along shortly advising that we all "buy the dip."



Dogecoin coin a deal at 1 cent! Down 11% today, but the future is bright!

[littlemissmartypants]

8. Hahaha! 😆

[hunter]

9. Hoarding gold is another environmentally destructive delusion.

It's difficult, near impossible, for an affluent person to reduce their environmental footprint but refusing to "invest" in gold is a good start.

It will be a better world if the price of gold is lower than the cost of mining it.

[mdbl]

11. Flat earthers and survivalists are convinced it will be the only form of trade when the economy collapses.

Many are hoarding it in their basements. For most it won't be much good if there's no food to buy or much to trade for. But I guess in a total dystopia, it might be of some value to someone.

[hunter]

12. It's pretty good for making bullets...

... and non-toxic compared lead.

[Multichromatic]

10. BWAhaHaHAhaHahahaha... LOL 😆 🤣

O, I'm sorry did rich people lose money? I don't care... do you?

ROFL