Bitcoin Rebounds From Below $60,000. The Crypto Crisis Isn’t Over.

Published: Friday, February 6, 2026 · 9:05 PM | Updated: Friday, February 6, 2026 · 9:05 PM

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Bitcoin was rebounding after tumbling early Friday to around $60,000 in a slide that wiped out all of its gains since President Donald Trump’s election win 15 months ago. Bitcoin was trading at $70,334 in late afternoon, a nearly 11% move upward over the past 24 hours. The crypto slump has been brutal in recent days, exacerbated by a selloff in software stocks triggered by concerns over artificial-intelligence automation.

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