Bitcoin's recent drop to $60K is a normal correction due to early-stage adoption, despite regulatory progress and institutional interest.
ByAinvest
Saturday, Feb 7, 2026 9:28 am ET1min read
BTC--
Bitcoin fell to $60K amid volatility despite positive developments such as ETFs, institutional interest, and regulatory progress. SkyBridge Capital founder Anthony Scaramucci explained that the recent drop is a normal correction due to Bitcoin's early-stage adoption, and volatility is expected during this phase. Scaramucci remains confident and bought more Bitcoin during the dip, calling the recent drop a "normal correction."
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet