Bitcoin Falls to 15-Month Low Amid Global Profit Taking
  • 06 Feb 2026
  • Hs-markets

Bitcoin Falls to 15-Month Low Amid Global Profit Taking

Bitcoin fell to its lowest level in 15 months on Wednesday, falling to around $72,000 as part of a broader market sell-off affecting assets worldwide. The world's largest cryptocurrency fell 5.4% to $72,047, reaching a level not seen since November 6, 2024—the day after Donald Trump won the US presidential election. Bitcoin has now lost more than 40% of its value since its peak in October 2025. While the decline earlier in the week was primarily driven by cryptocurrency-specific liquidations, Wednesday's decline appeared to be related to broader market stress. Global markets experienced a sell-off, with the Nasdaq 100 losing more than 2% in software companies, chipmakers, and other interest-rate-sensitive sectors.

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