Bitcoin Rebounds, Litecoin and Shiba Inu Lead Crypto Market Surge

Friday, Feb 6, 2026 5:29 pm ET1min read
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Bitcoin surged 8% to reclaim the $70,000 level, easing fears of a deeper correction and supporting altcoins like Litecoin and Shiba Inu. Litecoin rose 8% to $54, while Shiba Inu climbed 7%. Bitcoin's rebound reduced margin stress and bolstered sentiment, with traders rotating into altcoins.

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