Bitcoin is acting weird. The world’s most famous cryptocurrency has tumbled 44% from its October peak, falling below $70,000 Thursday for the first time in 15 months.

Bitcoin prices have fallen from a peak of more than $126,000 in October to under $64,000 as of Thursday afternoon.

Jeffrey Epstein had documented financial ties to early Bitcoin companies and developers, including Coinbase, Blockstream, and MIT-linked crypto research. But claims that he secretly created Bitcoin as Satoshi Nakamoto have been debunked,

After briefly holding above psychologically important levels, bitcoin slipped sharply, catching many investors off guard and triggering widespread

Bitcoin, as well as other alternative cryptocurrencies, experienced sharp price declines on Thursday and have yet to bounce back just one day later. Bitcoin fell to the lower $84,00 range yesterday and continued to slip into the early morning hours, hitting as low as $81,600.

While no one has fond memories of the 2022 crypto winter — with the price of bitcoin falling 80% — the timeline was relatively brief, roughly one year from the blowoff top to the bottom. From there, bitcoin quickly doubled in price, rose through 2023, and ultimately hit a new record in early 2024.

Bitcoin suffered its latest bloodshed on February 4, dropping to almost $72,000 as various factors combined to trigger continued declines in the digital currency.

The price of bitcoin fell more than 10% on Thursday.

Cryptocurrency markets fell as global equities and precious metals sold off, while bitcoin liquidations exacerbated downside moves.