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Bitcoin loses half its value in three months amid crypto crunch
Bitcoin’s price sank to $63,000 on Thursday, its lowest level in more than a year, and half its all-time peak of $126,000, reached in October 2025. A months-long dip in cryptocurrency prices has tanked shares of companies that have increasingly invested in bitcoin, exacerbating broader stock market jitters. Bitcoin rode a high during Donald Trump’s ascent to the presidency in 2024 and throughout 2025; its price steadily increased as the president made one industry-friendly move after another. Crypto’s largest currency hit $100,000 for the first time in December 2024 and even rose to a record high of $126,210.50 ... (full story)
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From aljazeera.com | Feb 6, 2026
Crypto markets came under pressure this week when the price of the world’s most popular cryptocurrency, Bitcoin, tumbled to its lowest level in more than a year. On Thursday afternoon, the price of Bitcoin fell below $66,000 and was hovering at about $62,900 on Friday morning. The fall in the price of the digital asset kicked off in the last weekend of ...
From channelnewsasia.com | Feb 6, 2026
Bitcoin plunged on Thursday (Feb 5), its decline accelerating amid weakening risk sentiment driven in part by volatility in precious metals and a broad selloff in tech shares. The world's largest cryptocurrency fell to a low of US$63,295.74, its weakest level since October 2024, a month before Republican Donald Trump won the US presidential election, having ...
From finance.yahoo.com | Feb 5, 2026
Turbulence in the cryptocurrency market is dragging down shares of companies that hold bitcoin and other digital assets on their balance sheets, sparking concerns over potential broader strains in the sector. The number of publicly traded companies investing in cryptocurrencies in the hope they would appreciate boomed last year. Many were buoyed by U.S. ...
