Bitcoin's Slide Below $65K Hits Mining Stocks and Asian Markets
ByAinvest
Friday, Feb 6, 2026 9:02 pm ET1min read
BTC--
Bitcoin's slide below $65,000 has impacted mining stocks and Asian equities, with the crypto market experiencing a sell-off. On-chain data shows whales and sharks reducing their share of Bitcoin's circulating supply, while smaller investors have continued to accumulate. Mining stocks have also declined, with several hitting new 52-week lows. Asian markets have felt the spillover, with equity benchmarks in South Korea, Hong Kong, and Australia declining. The sell-off has been driven by concerns over US monetary policy and a broader risk-off mood.
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