Karachi, February 6, 2026 — Bitcoin (BTC) showed modest recovery against the US dollar on Friday after a highly volatile week in the cryptocurrency market. According to the latest data, 1 Bitcoin is trading at $64,921.63, reflecting a daily increase of $987.70 or 1.52% compared to Thursday’s closing.
Despite today’s rebound, Bitcoin has recorded a sharp decline over the past seven days. On January 31, 2026, BTC was valued at $77,906.47, indicating a weekly drop of $12,984.84, or 16.67%, highlighting persistent selling pressure and market uncertainty. The most significant daily fall was observed on February 5, when Bitcoin plunged by $9,436.74, marking a steep 14.76% decline in a single session.
Market analysts attribute the recent downturn to profit-taking, regulatory concerns, and shifting investor sentiment amid global economic uncertainties. However, today’s slight recovery suggests renewed buying interest at lower levels, as traders attempt to capitalize on the dip.
On a monthly basis, Bitcoin has faced even stronger downward momentum. From $91,086.30 on January 7, 2026, the price has fallen by $26,164.67, representing a substantial 40.30% decline over the last 30 days. This correction has wiped out a significant portion of earlier gains, underscoring the highly volatile nature of digital assets.
Investors are advised to closely monitor market trends, global financial developments, and regulatory updates before making trading decisions, as cryptocurrency prices can fluctuate sharply within short periods.
Disclaimer: Cryptocurrency prices are highly volatile and subject to rapid change. The information provided is for informational purposes only and should not be considered financial or investment advice.