[LIVE] Crypto News Today: Latest Updates for Feb. 06, 2026 – Bitcoin Briefly Drops Below $60K as Market Rout Deepens, $2.7B Liquidated in 24 Hours

(*24*)

The crypto market suffered a pointy, broad-based sell-off on February 6, with Bitcoin briefly slipping under the $60,000 mark as your complete crypto market cap slipped round 9%. According to SoSoValue knowledge, most crypto belongings fell between 7% and 14% over the previous 24 hours, led by the PayFi sector’s almost 14% decline. Ethereum is down over 10%, buying and selling at $1,880. The downturn triggered huge liquidations throughout derivatives markets, wiping out $2.71 billion in positions, greater than $2.28 billion from lengthy bets alone, whereas analysts stated Bitcoin’s single-day realized losses hit $3.2 billion, exceeding these seen throughout black swan occasions such as the Luna collapse and the FTX chapter.

But what else is going on in crypto information right now? Follow our up-to-date stay protection under.

The put up [LIVE] Crypto News Today: Latest Updates for Feb. 06, 2026 – Bitcoin Briefly Drops Below $60K as Market Rout Deepens, $2.7B Liquidated in 24 Hours appeared first on Cryptonews.