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Bitcoin narrowly avoids falling under $60,000 as it bounces off lows

Summary by CNBC
Some market analysts have suggested bitcoin could fall further, potentially hitting between $40,000 to $50,000.

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Bigstock Bitcoin came to operate below US$ 61,000 and bounced to the US$ 66,000 zone on a high volatility day. More than US$ 2,000 million in crypto positions were liquidated in 24 hours, according to market data. Since its historic peak of October 2025, Bitcoin has accumulated a drop of over 40%. Bitcoin has once again occupied the center of the global financial scene after brushing the psychological level of US$ 60,000 and recovering some of t…

Bitcoin recorded a mild reaction on Friday, after on Thursday it dangerously approached the psychological threshold of $60,000, without ultimately breaking through it. The world's largest cryptocurrency fell… Bitcoin: Recovery with asterisks after the drop to $60,000 - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ

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sharecafe.com.au broke the news in on Friday, February 6, 2026.
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