Bitcoin climbs back above $71,000 as tech selloff pauses
Yahoo Finance·2026-02-05 16:52

Bitcoin clawed its way back above 71,000onThursdayafterasharpselloffearlierinthedaydraggedpricesbrieflybelowthe71,000 on Thursday after a sharp selloff earlier in the day dragged prices briefly below the 70,000 mark, mirroring tentative stabilization across global markets. The move came as a broader rout in technology stocks showed signs of fatigue. Futures tied to the Nasdaq 100 edged higher after two bruising sessions that erased the index’s gains for the year, while European stocks steadied and Asian markets trimmed losses. Bitcoin had fallen as much as 7% over the previous ...

Bitcoin climbs back above $71,000 as tech selloff pauses - Reportify