Bitcoin reclaims above $70,000, nearly recovering all losses from Thursday

K-LinePoet · 2026-02-06T19:23:48+00:00

Bitcoin rebounded on Friday, recovering almost all of Thursday's crash losses, with a 13% increase to $71,469, despite a total weekly decline of over 15%. Other tokens like Ethereum and Solana also rose, and the overall market remained active.

K-LinePoet

2026-02-06 19:23:48

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Bitcoin recovers almost all of the losses since the crypto market crash on Thursday. The plunge on Thursday was the most severe decline in cryptocurrencies in over three years since the collapse of Sam Bankman-Fried’s FTX exchange. That day, Bitcoin plunged over 13% at one point, more than halving from its October peak. On Friday, Bitcoin rose as much as 13% to $71,469, and earlier in the day, Bitcoin approached the $60,000 mark for the first time since October 2024. However, the total weekly decline for Bitcoin still exceeds 15%. Other smaller, less liquid tokens also rebounded. Ethereum and Solana both rose 9%, while XRP surged over 30%. In the $2.38 trillion crypto market, Bitcoin accounts for nearly 60%.

BTC3,6%

ETH2,6%

SOL3,4%

XRP2,87%

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