5 place 153

165 Bitcoin spirals toward $65,000, heading to worst one-day drawdown since FTX blowup

CoinDesk
Helene Braun @ CoinDesk · 02/05/2026 15:00 EDT

Bitcoin spirals toward $65,000, heading to worst one-day drawdown since FTX blowup

Analyst points to the 200-day moving average — currently around $58,000 to $60,000 — as a potential support level to watch.

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