Bitcoin rallies, tops $70,000 as risk assets stabilize
Yahoo Finance·2026-02-06 10:09

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON, Feb 6 (Reuters) - Bitcoin climbed back above 70,000onFriday,aftersinkingtoa16monthlowearlier,liftedbyasharpreboundintechnologysharesandpreciousmetalsfollowingaglobalroutthathadhammeredabroadswatheofriskassets.Theworldslargestcryptocurrencywaslastupmorethan1170,000 on Friday, after sinking to a 16‑month low earlier, lifted by a sharp rebound in technology shares and precious metals following a global rout that had hammered a broad swathe of risk assets. The world's ​largest cryptocurrency was last up more than 11% at 70,231, rising as high as 71,464.96andrecoupinglossesthatpusheditto71,464.96 and recouping losses that pushed it to 60,017.60, the lowest level since October ‌24, earlier o ...