Bitcoin falls below $64,000 as losses accelerate, hits lowest levels since October 2024
Yahoo Finance·2026-02-06 05:10

Bitcoin (BTC-USD) crashed over 13% on Thursday, sinking below $64,000 to touch its lowest levels since October 2024 as a steep sell-off accelerated. The token is down nearly 50% from last year's all-time high, erasing all of the gains made during President Trump's second term. Investors had been optimistic that the administration's crypto-friendly policies would lift digital asset prices. Despite the intense selling, some bitcoin strategists say the token may not have reached a bottom yet. "Bitcoin re ...