Recovering bitcoin still faces macro risks
Your day-ahead look for Feb. 6, 2026
1831 articles
Your day-ahead look for Feb. 6, 2026
COIN lost 13.34% on the day to close at $146.12 amid ongoing tanking of the crypto market which has seen bitcoin fall as low as $60,000, its lowest since November 2024.
A brutal crypto selloff erased $2.6 billion in leveraged bets, sent bitcoin to $60,000 and left markets deeply oversold.
Earnings disappointments weigh on AI related tech, while crypto sentiment improves on bitcoin’s rebound.
Michael Saylor reinforces commitment to bitcoin and quantum security on Q4 earnings call.
Bitcoin fell by more than $10,000 in a single day for the first time, with BTC price bear market analysis warning that a rebound could take several years.
Unofficial economic indicators suggest the Fed may need to ease policy, boosting riskier assets.
Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity.
Metaplanet CEO Simon Gerovich is sticking with the company’s Bitcoin accumulation plan despite a brutal drawdown in both its stock and the wider crypto market.
Nasdaq-listed bitcoin miner MARA moved roughly 1317 BTC ($87.4 million) in the past 13 hours, onchain data shows.
Traders on X are pointing to everything from a Hong Kong fund blowup to yen funding stress and even quantum security fears as bitcoin’s plunge turns into a full-blown narrative vacuum.
Executive Chairman Michael Saylor also addressed quantum computing concerns in bitcoin, framing them as 'horrible FUD.'