Bitcoin surges back above $65,000 after $700 million wipeout in Asia whipsaw
Yahoo Finance·2026-02-06 11:17

Bitcoin rebounded sharply in Asia on Friday after a fresh wave of selling briefly pushed the token toward 60,000,extendingabrutaldrawdownthathasnowtakentheworldslargestcryptocurrencymorethan5060,000, extending a brutal drawdown that has now taken the world’s largest cryptocurrency more than 50% below its October peak. BTC fell as much as 4.8% to around 60,033 during late U.S. hours, before snapping back to as high as $65,926. The move followed Thursday’s 13% slide, bitcoin’s steepest one-day drop since November 2022, when the collapse of Sam Bankman-Fried’s FTX triggered a marketwide pan ...

Bitcoin surges back above $65,000 after $700 million wipeout in Asia whipsaw - Reportify