KABUL: The price of Bitcoin, the world’s most famous cryptocurrency, dropped to approximately $67,300 on February 7, 2026, marking its lowest level in over a year. This decline is part of a four-month downward trend that has seen Bitcoin lose nearly half of its value. The cryptocurrency market is currently exhibiting unusual behavior. In contrast to gold, which has historically served as a safe haven for investors during periods of global uncertainty, Bitcoin has not only failed to rise but has continued to decline in recent weeks. The widening gap between gold’s growth and Bitcoin’s fall has called into question its status as “digital gold.” Experts cite investor fear, selling pressure, and global uncertainties as reasons for the decline. Geopolitical tensions and rapid advancements in artificial intelligence have heightened concerns within both the stock and cryptocurrency markets. Market indicators show that traders are selling their cryptocurrencies rather than buying, further exacerbating the downward pressure. Additionally, the U.S. Treasury Secretary’s announcement of no direct government support and the lack of widespread interest in Bitcoin exchange-traded funds (ETFs) have contributed to reduced institutional investment.
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