Bitcoin is seemingly in turmoil as it suffers from a series of sudden retractions in value. A spate of factors including a colossal
$44 Billion Bitcoin blunder by South Korean firm
Bithumb, speculations around a ransom demand in
Bitcoin for the mother of Savannah Guthrie, rapper Drake's significant Bitcoin wager and
Trump’s unfulfilled crypto-based promises have contributed to the present volatile state. More dramatic views on Bitcoin's future have emerged, with some predicting that Bitcoin may plummet to zero, even as others expect its value to soar to $850,000 within a decade. In a rather unsettling development, doctored emails claimed that late financier Jeffrey Epstein was the inventor of Bitcoin, adding to the negative buzz. While Bitcoin has been observed to be bleeding with diminishing prices, significant rallies have also been recorded. Notwithstanding, the crypto's continuous slide and subsequent fresh 15-month low has raised concerns. These fluctuations have led to doubts about Bitcoin’s future, with critics describing the leading crypto's downturn as part of a wider market shift. Concerns over Bitcoin’s security measures have also raised eyebrows, as hackers continue to loom large over the crypto-verse.
Bitcoin News Analytics from Mon, 02 Feb 2026 19:23:53 GMT to Sun, 08 Feb 2026 22:01:00 GMT -
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