In late January and early February 2026, the U.S. Department of Justice released a massive new batch of files related to Jeffrey Epstein, exceeding 3 million pages. These documents reopened a broad discussion after revealing Epstein's early and direct connections to the cryptocurrency sector in its initial stages, which sparked a strong wave of controversy within the market.
Key points from the documents:
• Epstein invested around 3 million dollars in Coinbase in 2014, during a funding round that valued the company at about 400 million dollars, which is less than 1% of his potential stake at the time.
• Made an indirect investment in Blockstream, which specializes in Bitcoin infrastructure, through a fund affiliated with Joichi Ito at MIT.
• Maintained close relationships with prominent figures in the sector such as Brock Pierce (one of the founders of Tether and Blockchain Capital) and Joichi Ito, who led the cryptocurrency initiative at MIT, an entity that contributed to the early research and development of Bitcoin technologies.
The publication of these disclosures coincided with a sharp downturn in the crypto market, where Bitcoin lost more than 50% of its historical peak of nearly 126,000 dollars in October 2025, currently trading within the range of 60–67 thousand dollars.
A large number of traders considered this news as the 'last blow', especially with rising feelings of disgust and fear that drove some individual investors to sell in panic.
But the full picture is more complex:
These links are historical in nature and do not represent evidence of actual control or influence on the nature of Bitcoin as an open-source technical system.
The current price decline is linked to other fundamental factors, most notably:
• Large liquidity exits from ETF funds
• Decrease in inflows from new investors
• Widespread liquidation waves in the futures markets
• Macroeconomic pressures and global financial concerns
Summary:
The cryptocurrency market is highly sensitive to psychological and emotional events, even when the information is historical or not directly related to the current market situation. Recognizing this fact is a key factor in understanding price movements beyond immediate reactions.
What do you think?
Do you think this news had a real impact on the market, or is it just media noise? Share your opinions respectfully and objectively.
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