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Bitcoin price rebounds to $70,000 after worst daily drop since 2022
Bitcoin (BTC-USD) rebounded to $70,000 on Friday after prices fell as low as $61,000 following a 13% plunge on Thursday, the steepest one-day drop for the cryptocurrency since the FTX collapse in November 2022. The recovery reversed a wave of intense selling that surged through Thursday night, briefly pushing bitcoin's decline to over 50% since its peak of $126,000 last October. "From a sentiment perspective, comparisons across cycles are always imperfect, but anecdotally there is an outsized sense of fear and fatigue among crypto-native participants," Sean Farrell, head of digital assets at Fundstrat, wrote in a ... (full story)
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From @realDonaldTrump|Feb 6, 2026|19 comments
The Dow Jones Industrial Average just hit 50,000 for the first time in History. CONGRATULATIONS AMERICA!
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