#WhyAreGoldStocksandBTCFallingTogether? This isn't just a crypto crash — it's a broad liquidity/risk-off event slamming even classic safe havens like gold temporarily. High-volume cascades, leverage unwinds, USD strength, and hawkish Fed echoes are forcing correlated selling across assets. Weak hands flushed, but this sets up the classic "fear peak → strong rebound" playbook.
1. CURRENT PRICE & DRAWDOWN SNAPSHOT (as of ~Feb 8, 2026)
Bitcoin (BTC): Trading ~$69,000–$70,000 (bounced hard from Feb 5–6 intraday lows of ~$60,000–$61,000).
Brutal single-day leg: -15%+ on Feb 5 — worst since late 20