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Why Is Crypto Crashing? – Stunning 30% Bitcoin Plunge Erases Trump-Era Gains

Bitcoin’s Brutal Nosedive: A $127K High to a Crisis of Confidence

If you’ve checked your crypto portfolio lately (Why Is Crypto Crashing?), you might need a strong coffee. American investors are waking up to a harsh reality as Bitcoin, the flagship cryptocurrency, continues its steep slide, wiping out all the gains made since President Trump’s re-election rally.

From Boom to Gloom: The Numbers Tell the Story

As of this morning, Bitcoin is trading around $70,900, a far cry from its dizzying all-time high of over $127,000 hit in October 2025. Since the start of 2026 alone, the digital asset has shed nearly 20% of its value. This plunge marks a dramatic reversal from the explosive gains seen after Trump’s victory, which had sparked hopes of a crypto-friendly regulatory era in Washington.

The Trump Factor: Promises vs. Political Gridlock

The current crash is deeply tied to the political landscape. The rally was fueled by Trump’s campaign pledge to make the U.S. the “cryptocurrency capital” of the world and the subsequent launch of his venture, World Liberty Financial. Momentum built with the announcement of a U.S. strategic crypto reserve.

However, the optimism has crashed into political walls. A key Trump-backed crypto bill has stalled in the U.S. Senate, deadlocked by disagreements between traditional banks and crypto firms. This regulatory uncertainty is a primary driver behind the current sell-off, leaving investors asking, “Why is crypto crashing?“

The doubts intensified this week when Democratic Rep. Ro Khanna announced an investigation into World Liberty Financial following a Wall Street Journal report about a major Abu Dhabi investment. This scrutiny adds another layer of uncertainty, shaking the confidence of the market.

A Wider Market Tremor

Bitcoin isn’t suffering alone. The fear has spread across asset classes. On Thursday, silver prices plummeted as much as 16%, while major Asian stock indexes in Hong Kong and Japan also fell. This correlation suggests a broader risk-averse mood among investors globally.

Why Is Crypto Crashing? The American Investor’s Perspective

For everyday Americans who jumped into crypto, the crash isn’t just about charts—it’s about trust and timeline. The core issues are:

1. Stalled Regulation: The promised clear rules from Washington have not materialized. This “light touch” regulatory environment is on ice, leaving the industry in a frustrating limbo.
2. Political Scrutiny: Investigations into high-profile projects like Trump’s create fear of a renewed regulatory crackdown, spooking both institutional and retail investors.
3. Profit-Taking & Fear: After the incredible run to $127K, a correction was inevitable. The current political headlines are triggering widespread profit-taking and panic selling.

What’s Next?

The market is at a critical juncture. The trajectory for Bitcoin and other cryptocurrencies now heavily depends on political developments in Washington. Can the stalled bill find compromise? Will investigations conclude without major shocks? The answers will determine if this is a painful correction or the start of a prolonged “crypto winter.”

For now, American investors are advised to buckle up, review their risk tolerance, and remember the oldest rule in the book: never invest more than you can afford to lose.

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Zelda Lego Set Brings Ocarina of Time’s Final Battle to Life

Nintendo and Lego have officially revealed their newest collaboration — a stunning Zelda Lego set inspired by the legendary final battle from The Legend of Zelda: Ocarina of Time. After months of speculation and teasers, fans finally know what’s coming in 2026.

According to reporting by Matt Tate on Engadget, the new set joins the popular Deku Tree model from 2024 and is scheduled to launch on March 1, with pre-orders already open.

You can read the original coverage here:
👉 Engadget – Zelda Lego set announcement

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What Makes This Zelda Lego Set Special?

Officially named Lego The Legend of Zelda: Ocarina of Time – The Final Battle, this collectible build features 1,003 pieces, making it smaller than the massive 2,500-piece Great Deku Tree set, but still packed with nostalgia and interactive elements.

Fans can also explore the product details directly here:
👉 Lego Ocarina of Time – The Final Battle set

This recreates Link and Princess Zelda’s dramatic showdown with Ganondorf inside the ruined castle, complete with scattered rubble and hidden recovery hearts.

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Interactive Features Fans Will Love

One of the biggest highlights of its built-in action feature. Lego says pressing a button raises Ganondorf from beneath the debris, simulating the surprise element of the final battle.

Included Characters and Accessories

• 🗡️ Link minifigure with Master Sword and Hylian Shield
• 👑 Princess Zelda minifigure
• ✨ A transparent Navi companion for display
• 🐗 A large, poseable Ganon (pig demon form) — the visual centerpiece of the set

This attention to detail makes the model especially attractive for long-time fans of Nintendo’s classic Nintendo 64 title.

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A Small Disappointment for Tech Fans

Interestingly, this release follows Lego’s recent reveal of its advanced Smart Brick technology at CES 2026. However, the new Lego set sticks to traditional bricks without smart features.

✅ Positive: Classic Lego feel keeps the build simple and collectible.
❌ Negative: Some fans may have hoped for interactive digital enhancements.

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Price, Release Date, and Availability

• 📦 Pre-orders: Available now
• 📅 Release date: March 1, 2026
• 💲 Price: $130

While the price may feel steep for a 1,003-piece set, the licensed design, character figures, and nostalgia value make it appealing to collectors and Zelda enthusiasts alike.

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Final Thoughts on the Zelda Lego Set

The new Zelda set successfully blends nostalgia, playability, and display appeal. Its epic recreation of Ocarina of Time’s final battle is a dream come true for longtime fans, even if the lack of smart features may disappoint tech-focused builders. Overall, it stands as a powerful tribute to one of gaming’s most iconic moments.

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Major X (Twitter) Outage Disrupts Thousands: Service Returns Amid Chaos and Scrutiny

If you tried scrolling through X (formerly Twitter) this afternoon and met with nothing but a blank timeline, you weren’t alone. A widespread outage hit Elon Musk’s social media platform, crippling tens of thousands of users across the United States and globally, before service began a shaky recovery—though the root cause remains a mystery.

The Breaking Point
Reports started flooding into outage-tracking website Downdetector shortly after 10:00 AM EST Friday. In a dramatic spike, nearly 78,000 users in the U.S. reported issues, with thousands more in Canada, the UK, and Australia. For over an hour, users were greeted by error messages and failing feeds, a frustrating blackout during peak online hours.

The platform’s timelines flickered unpredictably, with posts disappearing and reappearing. “It’s been wobbling for the past hour,” noted one BBC report, as engineers scrambled behind the scenes. The issue wasn’t just limited to the main feed; Elon Musk’s AI chatbot, Grok, was also seemingly impacted, with over 2,000 users reporting problems with the service.

A Pattern of Uncertainty
This isn’t the first time X has gone dark, but the silence surrounding this outage was deafening. The company, known for its minimalist communication under Musk, did not immediately provide an explanation. Requests for comment to X’s press team have historically been met with an automated reply—sometimes just a poop emoji—or outright silence.

While past major outages have been addressed by Musk himself, the billionaire owner had not posted about this incident at the time of reporting. However, a telling clue came from one of his engineers, Christopher Stanley, who posted a cryptic “testing” message, followed later by a well-known GIF of Elmo surrounded by fire with his hands in the air—a meme often used to signify chaos.

Broken Foundations in a Digital Age
Experts suggest such outages are becoming more likely as our digital lives grow more complex. “The brave new world of AI and chatbots is built upon a fabric of really old technology,” one expert told the BBC. This incident, while resolved for many, highlights the fragile infrastructure underpinning major platforms we rely on daily.

The timing adds another layer of scrutiny. This outage occurred during a week of intense pressure for X and Grok. The UK government announced it would support regulator Ofcom in investigating the firm, potentially using its “full powers” after Grok was used to generate sexualized deepfake imagery on the platform. This legal firestorm even includes a lawsuit from Ashley St Clair, the mother of one of Musk’s children, against his AI firm xAI over similar deepfakes.

Service Restored, Questions Remain
As of now, X appears back up and running for most users, but the cause is still unknown. Historical patterns suggest outages can be linked to third-party providers, like the major Cloudflare disruption in November, or internal technical errors. The infamous July 2024 CrowdStrike outage that knocked PCs offline worldwide serves as a recent reminder of how widespread these digital failures can be.

One thing is certain: this won’t be the last outage. As our dependency on real-time digital platforms deepens, so does our vulnerability to their unpredictable breakdowns. For the thousands of Americans disconnected today, it was a stark reminder of the delicate threads holding our online world together.