Bitcoin falls below $65,000 to wipe out ‘Trump rally’ - News Summed Up

Bitcoin falls below $65,000 to wipe out ‘Trump rally’


Bitcoin is trading at around half of the price it reached at its 2025 peak. Bitcoin has lost more than a quarter of its dollar value this year. Bitcoin’s price drop has left the company with billions of dollars in paper losses. Chief executive Phong Le said: “We’re not worried, and no, we’re not having issues.”Saylor, meanwhile, praised Trump as the “Bitcoin president”. On prediction market platform Kalshi, traders began making bets last month on how low the price of bitcoin would fall this year.


Source: The Irish Times February 06, 2026 16:42 UTC



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