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American Focus > Blog > Economy > Gold, stocks, crypto extend losses amid ‘extreme fear’ among investors
Economy

Gold, stocks, crypto extend losses amid ‘extreme fear’ among investors

Last updated: February 24, 2026 9:30 am
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Gold, stocks, crypto extend losses amid ‘extreme fear’ among investors
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Tuesday was another tough day for the markets as assets continued to see losses on February 24th. Gold prices dropped by 1.42% to reach $5,132 per ounce, after hitting a new all-time high of over $5,500 per oz just a few weeks ago. On the other hand, silver prices increased by 0.30% to $87.06 per ounce, also reaching a new all-time high after surpassing $100 per oz recently.

In the world of cryptocurrency, leading stocks experienced further declines during pre-market hours. Strategy (Nasdaq: MSTR), a prominent Bitcoin treasury company, saw its shares fall by over 5.5% to close at $123.71 on the previous day, with a 1% drop to $122.16 at the time of writing. Bitmine Immersion Technologies (NYSE: BMNR), a top Ethereum treasury company, also experienced a 4.5% decrease, closing at $19.22 and dropping further by 1.3% to trade at $18.99. Coinbase Global (Nasdaq: COIN), the largest crypto trading exchange in the US, saw a nearly 6.5% decline to close at $160.24 and was trading at $155.15, down over 3% for the day. However, Circle Internet Group (Nasdaq: CRCL), known for its USDC stablecoin, managed a modest 0.5% gain after a 2.94% fall to close at $61.17.

Bitcoin fell around 3.6% over the last 24 hours, trading at $63,372.23 at the time of writing. The cryptocurrency had reached an all-time high of $126,080 in early October 2025 and has since dropped by 50% due to a liquidation event in October. This month alone, Bitcoin has lost 20% of its value, marking its worst monthly performance since June 2022.

Ethereum (ETH) also experienced a 4% decline to trade at $1,830.39, while XRP dropped by 3.7% to $1.33, BNB by 4.3% to $582.24, and Solana (SOL) by 4.3% to $76.71.

See also  The bad economic vibes are causing more people to stock up on gold

According to CoinGlass, a leading onchain analytics platform, the Crypto Fear & Greed Index currently sits at 9 points, indicating “extreme fear” among crypto investors.

This article was originally published by TheStreet on February 24, 2026, and first appeared in the MARKETS section. For more information and updates on the latest market trends, visit TheStreet’s website.

TAGGED:amongCryptoExtendExtremeFearGoldinvestorslossesstocks
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