Risk Reset
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Bitcoin rebounds after nearly breaking $60,000 a day ago
CNBC Television· 2026-02-06 18:30
briefly touching $60,000 overnight. Sarah, its worst trading day since the collapse of FTX in 2022. And even with that bounce you're seeing this morning, the street isn't ready to call this a turn.Jeff put it bluntly. There are a few bullish indicators that we're approaching a bottom. And you've got trading desks really chalking this up to a positioning wash out with Bitcoin getting pulled into a broader risk reset.The mechanics here were brutal. Nearly $2.5% billion in liquidations in the last 24 hours. th ...