Any Bitcoin fans care to explain the current downtrend? I would think with war on the horizon it would be stronger.
Short-Term Bitcoin Holders Are Realizing Their Largest Losses On Record; Most Oversold Since 2018 Collapse<!-- --> | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
To borrow a phrase, what does that have to do with the price of bitcoin in china lol. Do only people in tech, logistics finance and manufacturing buy bitcoin? The national unemployment rate is certainly up from its low of 3.5% back in 2022 but at 4.3% we're not exactly in a depression. Bitcoin is down 35% from its high in january. With an ever increasing federal debt and concerns about inflation that seems rather remarkable.This might play a part.
AI-driven layoffs have accelerated in recent years, particularly in the tech sector. In 2026 alone, over 150,000 tech jobs have been cut across more than 500 companies, including major firms like Oracle, Meta, Snap, Amazon, and Block, with AI explicitly cited as a primary driver in many cases
https://www.bing.com/ck/a?!&&p=1b3a...T1qb2IrbG9zc2VzKzIwMjYmZm9ybT1DU0JSQU5E&ntb=1
The U.S. labor market in 2026 is experiencing significant job losses, with hundreds of thousands of positions cut across multiple sectors, driven largely by automation, AI adoption, and corporate restructuring.
Overview of Job Losses
The start of 2026 has seen a continuation of a labor market trend described as the "efficiency era," where companies are reducing headcount to invest in automation and AI infrastructure. In January alone, nearly 600,000 jobs were cut across tech, logistics, finance, and manufacturing, marking a 15% rise in layoff velocity compared to previous periods (Economic Times)
This follows over 1.1 million job losses in 2025, indicating a structural shift rather than a cyclical downturn