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Bitcoin plummets, driving US$2 trillion tumble in crypto market value
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 signalled his intention to support crypto on the campaign trail. It was last down 12.6 per cent at US$63,525, on track for its largest one-day fall since November 2022. Roughly US$1 billion in bitcoin positions have been liquidated in the past 24 hours, according ... (full story)
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From theguardian.com | Feb 5, 2026
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 ...
From fxstreet.com | Feb 5, 2026
Bitcoin (BTC) has declined below $65,000 on Thursday, down 11% over the past 24 hours. The move marks its largest decline since the October 10 leverage flush. Since then, the top crypto has erased more than 50% of its value since the October 10 leverage flush. Several top cryptos are also plunging, with Ethereum (ETH), BNB, XRP, and Solana (SOL) down 11%, ...
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 ...
