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The Economic Times

Markets / The Economic Times

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Bitcoin-led crypto rout erases nearly $500 billion in a week

Bitcoin and US equities declined amid rising US-Iran tensions, failing to act as safe havens unlike gold and silver. This selloff, wiping out nearly half a trillion dollars from crypto markets, has fueled doubts about Bitcoin's 'digital gold' status. Investor sentiment has shifted to extreme fear as Bitcoin hit a 15-month low.

4 Feb 2026 8:31 am