Bitcoin price round trips Trump gains. Here’s how low analysts say it’s headed
Yahoo Finance·2026-02-06 01:28
Bitcoin erased all gains it made following the election of crypto-friendly US President Donald Trump, as jobs data sparked a selloff in all major asset classes. The leading cryptocurrency was recently trading at $67,582, according to CoinGecko, after plunging 8% on Thursday. Over the past week, the cryptocurrency has plummeted by more than 20%. Besides bearish jobs data, analysts are also turning a keen eye to one of the largest Bitcoin buyers in the market: Strategy. Laurens Fraussen, a research anal ...