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Bitcoin claws back above $70,000 after worst day since FTX crash
Yahoo Finance· 2026-02-06 18:38
Volatility is expected in crypto, but these wild swings have not been seen since late 2022, when the FTX empire of notorious crypto conman Sam Bankman-Fried blew up. On Thursday evening, Bitcoin briefly dipped below $60,000, which represented a roughly 52% drop since its all-time high of $126,000 in October. By early afternoon on Friday, though, the original cryptocurrency surged up about 17% to its current price of roughly $70,000, according to Binance. The 24-hour rollercoaster ride for Bitcoin mirror ...