Core Insights - The price of Bitcoin has decreased by 44% from its all-time high of $126,000, which was reached on October 7, 2025, and is currently priced at $70,000, indicating a continued downward trend [1] Price Movement - Bitcoin's all-time high was $126,000 on October 7, 2025, and it has since fallen to $70,000, reflecting a significant decline [1] - The ongoing price drop suggests a bearish market sentiment surrounding Bitcoin [1]

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A sudden price gap on one of South Korea’s biggest crypto venues set off fresh speculation on Feb. 6 as traders tried to explain why Bitcoin briefly traded far below the wider market. The move looked like a localized shock rather than a broad selloff, but it landed in the middle of a bruising week for digital assets. Related: Trump's crypto policy has astounding reach in South Korea Exchange error reportedly credited users with Bitcoin Market watchers and local media reports said the disruption followe ...

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Group 1 - BlackRock's Bitcoin ETF (IBIT) achieved over $10 billion in trading volume during a market crash, primarily driven by selling activity as Bitcoin's price dropped 20% in a week [1] - Over $434 million exited various US-based crypto funds, with BlackRock's fund accounting for approximately 40% of the outflows, followed by Fidelity's Bitcoin fund [2] - Crypto products experienced a record trading volume of $18.5 billion on Thursday, indicating heightened market activity amid the downturn [2] Group 2 - The total cryptocurrency market capitalization of $1.3 trillion has reverted to levels seen before the pro-crypto US President Donald Trump was elected in 2024, with Bitcoin and other cryptocurrencies experiencing significant declines [3] - The recent price drops are attributed to general market anxiety linked to weak US jobs data, rather than the collapse of a centralized exchange or stablecoin issues [4] - Analysts suggest that Bitcoin may stabilize between $60,000 and $70,000, with indications that aggressive selling pressure may have subsided [4]

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Bitcoin (BTCUSD) is extending losses today, crashing to a near two-year low of about $60,000 this morning, as a perfect storm of macroeconomic, political, and technical factors continued to pressure the world’s largest cryptocurrency by market cap. At one point on Feb. 6, Bitcoin’s relative strength index (RSI) was seen at a historic low of 16, indicating its most oversold level since November 2018. More News from Barchart While BTC has reversed some of the loss in recent hours, it remains down nearly ...

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