Bitcoin plummets, driving $2 trillion tumble in crypto market value
The Economic Times·2026-02-06 02:04
The world's largest cryptocurrency fell to a low of $63,295.74, its weakest level since October 2024, a month before Republican Donald Trump won the U.S. presidential election, having signaled his intention to support crypto on the campaign trail. It was last down 12.6% at $63,525, on track for its largest one-day fall since November 2022.Roughly $1 billion in bitcoin positions have been liquidated in the past 24 hours, according to data from CoinGlass.Crypto TrackerTOP COINS (₹) Tether90 (-0.02%)Bitcoin ...