What to know : Crypto prices are lower across the board on Thursday, with today's negative catalyst appearing to be a sharp decline in U.S. stocks. Bitcoin has lost the $67,000 level, and ether is barely holding above $1,900. Coinbase (COIN) and Robinhood (HOOD) are leading to the downside as the crypto slump pressures trading volumes.
Bitcoin has fallen back to the low end of its recent trading range during late-morning U.S. trading hours on Thursday as the tech-heavy Nasdaq tumbles 1.6%.
Trading at $66,300, bitcoin is now lower by 1.5% over the past 24 hours, while ether , just above $1,900, is down more than 2%.
The bitcoin price action — uncorrelated with the Nasdaq when that index is headed higher, but perfectly correlated when it heads lower — has become all too familiar for the crypto sector.
Bitcoin's failure to hold any sort of sustained bounce from last week's panicky levels has bulls seemingly in full capitulation mode.
Alternative's well-followed Crypto Fear & Greed Index today fell to just 5, a level of "extreme fear" exceeding even what was seen during the multiple collapses of the 2022 crypto winter and the 2020 Covid crash.
Also raising eyebrows is longtime bull Geoff Kendrick from Standard Chartered, slashing his 2026 price targets for bitcoin, ether, solana, BNB and AVAX, while warning bitcoin could dip to as low as $50,000.
Crypto stocks lose ground
Coinbase (COIN) and Robinhood (HOOD) are among the largest losers on Thursday, each down more than 8%. Coinbase reports fourth-quarter results after the bell, but Robinhood’s fourth-quarter report earlier this week confirmed that the crypto bear market had taken a large bite out of trading revenues in the final three months of 2025 — and that was before the price action got really bad to begin 2026.
Other large decliners today include Strategy (MSTR), down 4.2%, Circle Financial (CRCL), down 4.3%, and Hut 8 (HUT), down 6.6%.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
