Gold, stocks, crypto extend losses amid 'extreme fear' among investors

Gold, stocks, crypto extend losses amid 'extreme fear' among investors

Tuesday brought no respite to the markets as assets continued to extend losses on Feb. 24.

Gold's price fell 1.42% today to drop to $5,132 per ounce. The bullion had surpassed the price mark of $5,500 per oz a few weeks ago to hit a new all-time high (ATH).

Silver, however, gained 0.30% to hit $87.06 per ounce. The metal had also surpassed the price mark of $100 per oz a few weeks ago to hit a new ATH.

All the leading crypto stocks extended their declines in pre-market hours today.

The shares of Strategy (Nasdaq: MSTR), the leading Bitcoin (BTC) treasury company, fell more than 5.5% to close at $123.71 yesterday. The shares fell 1% to exchange hands at $122.16 at press time.

The shares of Bitmine Immersion Technologies (NYSE: BMNR), the leading Ethereum (ETH) treasury company, also fell 4.5% and closed at $19.22 yesterday. The shares slid 1.3% to trade at $18.99 at press time.

Coinbase Global (Nasdaq: COIN), the largest crypto trading exchange in the United States, also slid on the charts. The stock fell nearly 6.5% to close at $160.24 yesterday and was exchanging hands at $155.15 at the time of writing, down more than 3% in a day.

However, Circle Internet Group (Nasdaq: CRCL), the crypto firm popular for its USDC stablecoin, gained a modest 0.5% today after falling 2.94% to close at $61.17 yesterday.
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Bitcoin fell around 3.6% over the last 24 hours and was trading at $63,372.23 at press time.

BTC hit its all time high of $126,080 in early October 2025 and is now trading 50% lower, thanks to the shocking liquidation event on Oct. 10.

In fact, the cryptocurrency has lost 20% of its value this month, its worst monthly performance since June 2022.

Ethereum (ETH) also fell 4% in a day to trade at $1,830.39.

XRP lost 3.7% to trade at $1.33, BNB 4.3% to $582.24, and Solana (SOL) around 4.3% to $76.71.

As per the onchain analytics platform CoinGlass, the Crypto Fear & Greed Index is currently at 9 points, indicating "extreme fear" among crypto investors.

This story was originally published by TheStreet on Feb 24, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here.

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