Bitcoin continues to show a steep decline, losing nearly 14% in just one day. On Friday, February 6, 2026, the price of the most popular cryptocurrency dropped to around $62,900, marking another stage in a prolonged negative trend that has persisted for several months.
This is reported by Finway
Global Markets Under Pressure: Cryptocurrencies and Stocks Decline
Since the beginning of 2026, Bitcoin has lost nearly a third of its market value. Just at the end of 2024, the asset was demonstrating record growth when its price first exceeded $100,000 amid expectations of softer regulation in the U.S. following Donald Trump’s re-election. However, since October of last year, the market has been influenced by geopolitical risks and uncertainty regarding regulatory rules.
In addition, a pause has been announced in the U.S. Senate regarding the consideration of a bill to regulate digital assets. The situation has been complicated by reports of a potential $500 million investment in the Trump family’s cryptocurrency company, World Liberty Financial, from Abu Dhabi, which has drawn significant attention from lawmakers.
Asset Crash: Stocks, Precious Metals, and Cryptocurrencies
The decline of Bitcoin is accompanied by a massive sell-off in global financial markets. The S&P 500 index fell by 1.2%, the Nasdaq by 1.6%, and the South Korean KOSPI dropped by nearly 5%. Precious metals also lost value: gold decreased by more than 4%, and silver by almost 18%.
Experts emphasize that the high level of volatility remains the main risk for cryptocurrency investors. The market situation is characterized as one of the worst since President Donald Trump returned to the White House.
“The crypto market is currently experiencing its worst times since President Donald Trump’s return to the White House. Bitcoin has lost over 15% of its value in a week. The value of the cryptocurrency has fallen to levels seen in early November 2024.”