FX.co ★ Bitcoin Hits 14-Month Low

In early February, Bitcoin dropped significantly, reaching a low of $72,800, marking the cryptocurrency's lowest point since November 2024. This decline was driven by intensified forced liquidations of leveraged positions and an acceleration in fund outflows. According to industry data, nearly 170,000 leveraged traders were wiped out during this selloff, resulting in over $730 million in liquidations within a 24-hour period. Bitwise Chief Investment Officer Matt Hougan commented that Bitcoin has been experiencing a multi-month bear market. He noted that strong institutional adoption and increased regulatory clarity seem to have induced complacency among investors. Concurrently, global crypto funds faced an additional $1.7 billion in net outflows last week, predominantly from US-listed products. This has contributed to a reduction of $73 billion in assets under management since their peak in October 2025. Furthermore, investor Michael Burry issued a warning that Bitcoin's approximate 40% decline might worsen, potentially causing lasting repercussions for companies that have accumulated substantial holdings over the past year.