On February 6, a market note reviewed XRP, Solana and Bitcoin after a tech-led pullback that briefly took BTC to $60,000. The article says XRP trades near $1.31 after a 64% drawdown and flags a potential $5 path tied to spot ETF approval, SOL's RSI near 23 with resistance at $200–$275, and BTC's $126,080 peak from October 6.

Bitcoin has dropped 50% from its all‑time high and recently touched $60,000, its lowest point since October 2024, signaling a new bear phase. Based on historical halving‑cycle timing and the Net Unrealized Profit/Loss (NUPL) on‑chain indicator, analyst NoLimit expects the next major bottom to form between October and November 2026. He projects that Bitcoin could eventually fall into a $45,000 to $50,000 range by the end of 2026, which he views as the likely cycle low.

On a fourth-quarter earnings call, Strategy CEO Phong Le said the company's balance sheet remains stable and its Bitcoin reserves still cover its convertible debt. He noted that only if BTC fell to $8,000 and stayed there for five to six years would the firm need to consider restructuring or raising additional capital, while Executive Chairman Michael Saylor reaffirmed the company's long-term Bitcoin strategy.

Bitcoin rebounded to $71.5K after a steep drawdown, rising 17% from the $60,150 low on Friday, but derivatives gauges show limited confidence among pros. CoinGlass and laevitas.ch data indicate around $1.8 billion in long liquidations over five days, a 2% two-month futures basis and a 20% options skew, pointing to muted leverage demand and elevated fear.

Dogecoin has fallen under $0.10 and recently revisited the 2024 support area around $0.08 while confirming a January death cross between its 9-day and 21-day moving averages. Despite this bearish structure, indicators such as RSI and MACD hint at a potential rebound toward the channel's upper boundary near $0.15, while the planned Doge-1 lunar mission and rising interest in Maxi Doge add further speculative momentum.

On 6 February 2026, Japanese investment firm Metaplanet reiterated that it will keep increasing its Bitcoin holdings even after a sharp market drop took BTC close to $60,000. CEO Simon Gerovich addressed shareholder concerns, emphasizing that the company will not alter its strategy and that recent volatility has also affected Metaplanet's stock price. Bitcoin later recovered to around $72,000, while Metaplanet reported holding 35,102 bitcoin acquired at an average of about $107,606 per coin, for a total of roughly $3.78 billion.

Mizuho said Gemini's plan to exit the UK, EU and Australia and cut roughly 25% of staff could accelerate the exchange's path to profit, while maintaining an Outperform and a $26 target. GEMI traded around $7.60 on Thursday after a $6.35 low a day earlier, and the firm's bull case envisions $43.

On 6 February, Bitcoin rebounded to about $70,300 after briefly sliding near $60,000 earlier in the week, easing selling pressure and stabilizing crypto markets. The 12% daily recovery coincided with gains in majors, including Ethereum up more than 7% and Solana over 6%, while stablecoins remained largely flat.