Bitcoin’s sharp price swings this week have pushed traders and analysts to look beyond simple narratives of fear or spot selling.

Gold continues to dominate global markets, climbing to around $4,966 at the time of writing and reinforcing its status as the preferred hedge amid persistent macro uncertainty.

Bitcoin’s latest selloff is confusing a lot of investors because it does not look or behave like a classic supply-and-demand market move.

Japanese investment firm Metaplanet reaffirmed its long-term Bitcoin strategy after the cryptocurrency market suffered a sharp sell-off that briefly pushed Bitcoin prices down to around $60,000.

The latest sell-off in Bitcoin was not a routine correction but a statistically rare event. On February 1, Bitcoin recorded a -5.65 standard deviation move based on a 200-day volatility lookback, placing the decline among the most extreme price shocks since trading began in 2010.

The crypto market is attempting a cautious rebound, even as sentiment remains pinned at extreme fear.

Recent turbulence across digital asset markets has reignited debate over whether crypto remains in a bear phase or is already transitioning into a new cycle.

Binance’s SAFU Fund has added to its Bitcoin reserves, purchasing 3,600 BTC worth approximately $233 million, according to on-chain data.