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.

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.

Bithumb stated that an internal error during a promotional campaign led to an abnormal amount of Bitcoin being credited to certain users, who then triggered short-lived price swings by selling the funds. The exchange said it quickly froze the affected accounts, stressed that customer assets were not lost and confirmed that trading, deposits and withdrawals continue to operate normally.

Vitalik Buterin linked wallets offloaded 6,183 ETH over a three day span as Ether slipped below $2,000, with initial disclosures noting 2,961 ETH before a quick update raised the total. ETH hovered near $1,900 after sharp daily and weekly losses, while large holders repositioned through sizable sales and selective dip buying.

Tether said it has made a strategic investment in the t-0 network to push USD₮ into institutional cross-border payment infrastructure. The USD₮-powered platform is designed for licensed banks and fintechs, enabling near-instant, net-settled fiat-to-fiat transfers on a non-custodial basis. The company did not disclose the investment size or rollout timeline.

MicroStrategy's MSTR shares climbed more than 20%, rebounding from a prior low near $107 to trade around $128, as Bitcoin moved back above $69,000. TD Cowen analyst Lance Vitanza reaffirmed a Buy rating and a $440 price target, highlighting the firm's $2.25 billion cash position and ability to handle a deeper BTC downturn. Company executives reiterated that they do not expect to liquidate Bitcoin holdings unless the price falls to about $8,000 and signaled plans to keep accumulating during market weakness.

On Feb. 6, Bitcoin and a range of major altcoins staged strong double-digit rebounds after sliding to critical support levels during the week's sharp sell-off. BTC bounced from $60,000 back above $69,000, while Ether, BNB, XRP, Solana, Dogecoin, Cardano, Bitcoin Cash, Hyperliquid and Monero all attempted relief rallies. Technical indicators such as the relative strength index and moving averages suggest these moves may face stiff resistance, keeping open the question of whether a durable recovery is forming or if the bounce will fade.

On February 6, 2026, Atlanta Fed President Raphael Bostic said Americans still trust the central bank to fulfill its mandate, according to Bloomberg News. He reaffirmed the goal of bringing inflation back to 2% and defended the Fed's independence amid criticism from Washington and calls for faster rate cuts.