Bitcoin's weekly RSI dropped to 26.62 on Feb. 6 as the price fell to $64,000, Tradingview data show. The RSI, a momentum indicator often considered oversold below 30, matches readings from June 2022 during the last bear market, BlockBeats reports.

Metaplanet CEO Simon Gerovich said on Feb. 6 the company will continue steadily accumulating Bitcoin despite acknowledging challenges for shareholders from recent share price performance, BlockBeats reports. He added Metaplanet will keep working to enhance its earning power and prepare for the next growth stage. On Jan. 29, Metaplanet announced a plan to raise $1.37 billion to increase its Bitcoin position, and the company now holds 35,102 BTC, making it the fourth-largest publicly listed Bitcoin holder globally.

Bitcoin rebounded 9.75% over 105 minutes on Feb. 6, BlockBeats reports. The rally followed an early-morning drop to $60,000, the lowest level since October 2024.

Bitcoin hit $60,001 on Feb. 6, its first time at that level since Oct. 2024, Santiment data show. Addresses holding 10–10,000 BTC now control 68.04% of supply, a 9-month low, after net selling 81,068 BTC over 8 days. Meanwhile, the supply share held by addresses with under 0.01 BTC rose to 0.249%, a 20-month high.

Bitcoin climbed back above $64,000 on Feb. 6, HTX data show. The 24-hour decline narrowed to 12.25%, BlockBeats reports.

Strategy's unrealized loss on its bitcoin holdings briefly widened to $10.16 billion on Feb. 6 as bitcoin dipped below $61,000, BlockBeats reports. The world's largest bitcoin treasury company holds 713,502 BTC at an average cost of $76,052, with total acquisition spending of about $54.26 billion.

Bitcoin climbed back above $63,000 on Feb. 6, with the 24-hour decline narrowing to 13%, HTX data cited by BlockBeats show. The move marks a partial recovery after earlier sharper losses within the same period.

Bitcoin fell below $61,000 on Feb. 6, trading at $60,825, HTX market data show. The cryptocurrency declined 16.76% over 24 hours, BlockBeats reports.

Ethereum dropped 15% over the past 24 hours to $1,824 on Feb. 6, HTX data show. The token's market capitalization now stands at $222.957B.