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The price of Bitcoin drops below $65,000

DATE POSTED:February 5, 2026

On Thursday, Bitcoin's value fell over 10 percent in a single day, dropping to around $64,000, the lowest it has been since the 2024 Presidential election, as CNBC reports. After crossing $100,000 in November 2024 and peaking at over $122,000 in October 2025, the cryptocurrency has been in a steady decline for the last several weeks.

Here are some other crypto headlines that have popped up as Bitcoin's price continues to slide:

  • Ethereum-focused treasury BitMine's hoard lost over $8 billion in value on Thursday as Ether dropped below $2,000, CoinDesk reports.
  • Bitcoin has effectively erased "all gains since its $69,000 all-time high in …

Read the full story at The Verge.