Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days.
After touching this 16-month low, Bitcoin
Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days.
After touching this 16-month low, Bitcoin
Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline.
The recent se
Bitcoin traded slightly higher on Monday after falling below the $80,000 mark for the first time since April 2025, as a broad risk-off move across global markets weighed heavily on digital assets. The world’s largest cryptocurrency was priced at $77,925.99 as of 8:37 a.m. Eastern Time, reflecting a modest rebound of about 1% following sharp losses over the weekend. Earlier in the session, Bitcoin briefly touched a low of $74,876 before recovering part of its decline.
The recent se
Bitcoin extended its recent downward trajectory on Monday, falling to its lowest level in six months as weakening expectations of a US Federal Reserve interest rate cut weighed on global market sentiment. The world’s largest cryptocurrency was trading near $94,859, a decline of just over 1 percent in the past 24 hours, continuing a broader slide that has erased a substantial portion of this year’s earlier gains.
The latest fall marks Bitcoin’s third consecutive weekly decline and pushes its cumulative losses to more than 10 percent over the past week. After briefly surpassing $126,000 in October, the asset has now entered bearish territory, forfeiting more than 30 percent of the advance recorded earlier in the year. Analysts note that the decline reflects a shift in investor sentiment as traders unwind risk-heavy positions amid renewed uncertainty over global monetary policy.
Other major digital assets were also under pressure. Ethereum fell to approximately $3,182, while Solana and Cardano saw modest declines over the past day. The broader pullback has been accompanied by a sharp rise in market liquidations, exacerbating volatility and prompting investors to seek short-term safety.
Market observers say the shift is tied to rising concerns that the Federal Reserve may delay rate cuts as inflationary pressures persist. This has contributed to a risk-off approach across multiple asset classes, including cryptocurrencies. Edul Patel, chief executive of Mudrex, said Bitcoin briefly dipped below $93,000 before attempting a mild recovery, although market sentiment remains highly sensitive to macroeconomic signals.
According to Patel, large institutional investors have begun accumulating again at lower price levels, suggesting a degree of long-term confidence. He noted that buying activity has increased since mid-week, particularly at price points below $100,000. Technical indicators now show resistance near $99,000 and a developing support region around $92,700, which could provide short-term stability if selling pressure eases.
However, analysts caution that volatility remains elevated. Riya Sehgal, research analyst at Delta Exchange, said the global pullback is closely aligned with the broader decline across equities and other risk assets. She pointed to more than $700 million in liquidations within the crypto market in the past day alone, reinforcing the view that leveraged traders are rapidly reducing exposure.
Sehgal added that chart patterns suggest long-term holders are beginning to lock in profits, a trend frequently observed during the later phases of strong market cycles. She highlighted resistance between $101,500 and $103,200, with key support near $98,500. Should Bitcoin fail to hold that level, prices could slip further toward the mid-$96,000 range.
The combination of high volatility, uncertain monetary policy outlook, and cautious investor behavior suggests crypto markets may remain unstable in the near term. Analysts say that without a clear catalyst, Bitcoin and other major tokens could continue to track broader macroeconomic developments, particularly inflation data and signals from the Federal Reserve. For now, traders appear defensive, and the possibility of a deeper correction cannot be ruled out if global risk sentiment continues to weaken.
Bitcoin extended its recent downward trajectory on Monday, falling to its lowest level in six months as weakening expectations of a US Federal Reserve interest rate cut weighed on global market sentiment. The world’s largest cryptocurrency was trading near $94,859, a decline of just over 1 percent in the past 24 hours, continuing a broader slide that has erased a substantial portion of this year’s earlier gains.
The latest fall marks Bitcoin’s third consecutive weekly decline and pushes its cumulative losses to more than 10 percent over the past week. After briefly surpassing $126,000 in October, the asset has now entered bearish territory, forfeiting more than 30 percent of the advance recorded earlier in the year. Analysts note that the decline reflects a shift in investor sentiment as traders unwind risk-heavy positions amid renewed uncertainty over global monetary policy.
Other major digital assets were also under pressure. Ethereum fell to approximately $3,182, while Solana and Cardano saw modest declines over the past day. The broader pullback has been accompanied by a sharp rise in market liquidations, exacerbating volatility and prompting investors to seek short-term safety.
Market observers say the shift is tied to rising concerns that the Federal Reserve may delay rate cuts as inflationary pressures persist. This has contributed to a risk-off approach across multiple asset classes, including cryptocurrencies. Edul Patel, chief executive of Mudrex, said Bitcoin briefly dipped below $93,000 before attempting a mild recovery, although market sentiment remains highly sensitive to macroeconomic signals.
According to Patel, large institutional investors have begun accumulating again at lower price levels, suggesting a degree of long-term confidence. He noted that buying activity has increased since mid-week, particularly at price points below $100,000. Technical indicators now show resistance near $99,000 and a developing support region around $92,700, which could provide short-term stability if selling pressure eases.
However, analysts caution that volatility remains elevated. Riya Sehgal, research analyst at Delta Exchange, said the global pullback is closely aligned with the broader decline across equities and other risk assets. She pointed to more than $700 million in liquidations within the crypto market in the past day alone, reinforcing the view that leveraged traders are rapidly reducing exposure.
Sehgal added that chart patterns suggest long-term holders are beginning to lock in profits, a trend frequently observed during the later phases of strong market cycles. She highlighted resistance between $101,500 and $103,200, with key support near $98,500. Should Bitcoin fail to hold that level, prices could slip further toward the mid-$96,000 range.
The combination of high volatility, uncertain monetary policy outlook, and cautious investor behavior suggests crypto markets may remain unstable in the near term. Analysts say that without a clear catalyst, Bitcoin and other major tokens could continue to track broader macroeconomic developments, particularly inflation data and signals from the Federal Reserve. For now, traders appear defensive, and the possibility of a deeper correction cannot be ruled out if global risk sentiment continues to weaken.
Bitcoin reached an unprecedented milestone on Thursday, crossing the $124,000 mark for the first time in history before settling slightly lower at $123,868. This remarkable surge has been driven by a combination of robust institutional demand, improving macroeconomic conditions, and a growing belief among investors that the United States is on the verge of implementing an interest rate cut later this year. Ethereum followed suit, rallying significantly and tradi
Bitcoin reached an unprecedented milestone on Thursday, crossing the $124,000 mark for the first time in history before settling slightly lower at $123,868. This remarkable surge has been driven by a combination of robust institutional demand, improving macroeconomic conditions, and a growing belief among investors that the United States is on the verge of implementing an interest rate cut later this year. Ethereum followed suit, rallying significantly and tradi
On January 3, 2025, the cryptocurrency market continued its positive momentum, reflecting profits for the third consecutive day. Bitcoin (BTC) witnessed a 1.82% increase in its price on international exchanges, reaching $96,863 (around Rs. 83.05 lakh). On Indian exchanges, Bitcoin saw a slightly higher price of $97,042 (roughly Rs. 83.2 lakh), marking a 2.28% price surge.
Investor sentiment around Bitcoin remains optimistic, with the Fear-Greed Index indicating a rise in market conf
On January 3, 2025, the cryptocurrency market continued its positive momentum, reflecting profits for the third consecutive day. Bitcoin (BTC) witnessed a 1.82% increase in its price on international exchanges, reaching $96,863 (around Rs. 83.05 lakh). On Indian exchanges, Bitcoin saw a slightly higher price of $97,042 (roughly Rs. 83.2 lakh), marking a 2.28% price surge.
Investor sentiment around Bitcoin remains optimistic, with the Fear-Greed Index indicating a rise in market conf
