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  "path": "/latest/bitcoins-wild-ride-continues-with-fresh-double-digit-drop-in-usd-price/",
  "publishedAt": "2026-02-06T04:27:19.000Z",
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    "Bitcoin’s wild ride continues with fresh double-digit drop in USD price",
    "HUM News"
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  "textContent": "Bitcoin extended its sharp decline on Friday, posting another double-digit percentage loss after a turbulent week for the world’s largest cryptocurrency.\n\nThe digital currency was down nearly 14 percent in early trading, hovering around $62,900 at about 01:00 GMT. The fall adds to a broader sell-off that began last weekend, when Bitcoin slipped below the $80,000 mark.\n\nThe latest move leaves Bitcoin down roughly one-third since the start of the year, highlighting the extreme volatility that continues to define the asset.\n\nBitcoin had surged late last year after the re-election of US President Donald Trump fuelled expectations of a more favourable regulatory environment for digital assets. That optimism pushed prices above $100,000 for the first time in December 2024.\n\nHowever, momentum has faded in recent months. Prices have trended lower since October, when Bitcoin reached a record high above $127,000, as investors grapple with geopolitical risks and uncertainty over cryptocurrency regulation.\n\nA Trump-backed bill aimed at establishing a regulatory framework for digital asset trading has stalled in the US Senate, amid disagreements between traditional banks and cryptocurrency firms. Meanwhile, scrutiny has intensified around World Liberty Financial, a cryptocurrency venture linked to the Trump family, following reports of a proposed $500m investment by representatives of an Abu Dhabi official.\n\nBitcoin’s downturn has coincided with weakness across global financial markets. US equities retreated midweek, with the S&P 500 falling 1.2 percent and the Nasdaq Composite sliding about 1.6 percent. Shares of Amazon dropped more than 11 percent in after-hours trading after the company announced plans to invest heavily in artificial intelligence infrastructure, reigniting concerns over a potential tech bubble.\n\nLosses also spread across Asia-Pacific markets. South Korea’s KOSPI fell about 5 percent in early trading, while Australia’s ASX 200 and Japan’s Nikkei 225 declined more than 1 percent and 1.6 percent, respectively.\n\nCommodities and precious metals were not spared. Gold fell more than 4 percent to around $4,720 an ounce, while silver slumped as much as 18.5 percent to roughly $69, underscoring heightened volatility across global markets.\n\nIf you want it tightened for word count, or adjusted for AP/Reuters house style, say the word and I’ll tune it.\n\nThe post Bitcoin’s wild ride continues with fresh double-digit drop in USD price appeared first on HUM News.",
  "title": "Bitcoin’s wild ride continues with fresh double-digit drop in USD price"
}