Bitcoin rebounds to 65000 dollars but faces steepest weekly drop since 2022
Bitcoin climbed back to 65000 dollars on Friday as a global tech rout slowed. The asset still faces its worst weekly drop since late 2022 as sentiment cools.
Insights:
Bitcoin broke back above the $65,000 level on February 6, 2026, yet the cryptocurrency remains on track for its worst weekly performance since late 2022. This move comes amid a cooling global rout in technology stocks, though the asset has still suffered a nearly 14% loss this week. The price action underscores the continued volatility and deleveraging currently impacting the digital asset space.
