⸺ Obituary · January 29, 2026 ⸺
“Crypto’s ‘Digital Gold’ Myth Exposed As Traders Pivot To Metals”
— Bloomberg, David Pan
“For a cohort of investors once convinced that computer code was superior to shiny metal, the recent stretch of greenback weakness has been a definitive wake-up call: Bitcoin failed to act as a macro hedge just as the so-called ‘debasement’ trade was back in vogue.”
Price at death
$84,562
Today
$73,594
Decline
-13%
On 2026-01-29, David Pan (Crypto & Blockchain Companies Reporter) declared Bitcoin dead via Bloomberg. Bitcoin was trading at ~$84,562 at the time. The call joins the growing canon of premature obituaries.
The declaration was catalogued on January 29, 2026, when one Bitcoin traded for approximately $84,562. Bitcoin remains below its price on the day of this declaration — for now.