Lana

Carl, what have you got for us?

Thanks, Carl.

Next up.

Turns out to the moon has a return journey.

The crypto market has lost nearly $470 billion in value since last Thursday.

Bitcoin landed at just under $73,000 on Wednesday, its lowest price since late 2024.

That means it's down 16% this year and nearly 40% from its October peak of $126,000.

At least the crypto had company.

Stocks and precious metals both tumbled alongside it.

But while some investors stepped in to snap up cheaper gold and silver, they were far less keen on Bitcoin, and that kept its price on the slide.

That's not how it was supposed to work.

Bitcoin earned its digital gold nickname on the promise it would act like the real deal, holding value when other assets dip.

But it's sure struggling to live up to that moniker right now.

You can see why many investors refused to load up on Bitcoin, even with it practically on sale.

Their main worry right now is safety, not price.

And we're not just talking about the crypto's alleged safe haven properties.

Advances in quantum computing have stirred fears that Bitcoin's cryptographic keys, almost impossible for today's machines to guess, could one day be cracked, undermining one of Bitcoin's biggest selling points.

The slide was made even worse by big institutions.

See, Bitcoin used to mainly sit in regular investors' accounts.

But nowadays, there's plenty parked in the portfolios of major funds and banks, too.