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News1806-02-2026, 14:03

Bitcoin's Price Halves in 4 Months, Drops 13% in a Day: Should You Invest?

  • Bitcoin's price has fallen by over 50% in the last 4 months, with a 13% drop on February 5 and a further 4.8% decline.
  • The cryptocurrency, once at $126,000 in October, is now trading around $60,000; other cryptos like Solana also saw declines.
  • Global market volatility, Federal Reserve policies, tariff risks, geopolitical tensions, and institutional selling are cited as reasons for the drop.
  • Similar significant declines occurred in 2018 and 2022, with experts predicting a potential rebound despite a possible further dip to $50,000.
  • Platforms like CoinDCX, WazirX, ZebPay, CoinSwitch, and Mudrex are options for buying Bitcoin, with precautions like using official apps and hardware wallets advised.

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