The post Analyst Claims Wall Street Derivatives Are Driving Bitcoin’s Decline appeared on BitcoinEthereumNews.com.

Analyst says derivatives-driven synthetic supply now shapes Bitcoin prices more than on-chain demand. Following an early-hours slip to $60k, Bitcoin rebounded above $68,000 as the Friday trading session progressed. Notably, this market drama followed the OG coin’s 13% drop on Thursday, which marked its largest daily decline since the 2022 crypto winter. And while prices recovered, market analyst CryptoNobler warned that the decline reflects deeper structural issues. According to the market commentator, Wall Street’s growing influence on BTC price formation is affecting the coin’s price. Bitcoin Down Nearly 50% From Peak as Derivatives Pressure Mounts Thursday’s decline extended a broader selloff that has continued for months. As of now, Bitcoin sits almost 50% below its October peak of above $126,000.  Even after Friday’s recovery, price action points toward Bitcoin’s worst weekly performance in nearly four years. On top of that, market-wide liquidations added pressure as strong selling activity pushed the price below key technical levels. Market analyst CryptoNobler stressed that the OG crypto’s price is no longer set by supply-and-demand patterns. More so, the current trading reflects structural changes, not fear-driven selling. CryptoNobler explained that the firstborn coin’s recent movement isn’t driven by retail activity or sentiment shifts. He added that underlying pressures have been building quietly for months and are now gaining speed. 🚨 HERE’S WHY BITCOIN IS NONSTOP DUMPING RIGHT NOW If you still think $BTC trades like a supply-and-demand asset, you MUST read this carefully. Because that market no longer exists. What you’re watching right now is not normal price action. It’s not “weak hands.”It’s not… pic.twitter.com/a66iY7VACL — 0xNobler (@CryptoNobler) February 5, 2026 According to the analysts, “most people are completely unaware what’s happening. And by the time it becomes obvious, the damage is already done. This move didn’t start today. It’s been building quietly under the…

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Filed under: News - @ February 6, 2026 8:21 pm