Why did the bitcoin price fall below $65,000 today?

Risk appetite weakened, gold drew safe-haven flows, and spot bitcoin ETF demand cooled. Policy comments from U.S. officials also hurt sentiment. With liquidity thin, small sell programs pushed prices faster. Together, those factors drove BTC below $65,000 and erased the recent post-2024 rally.

Do U.S. bitcoin ETF flows matter for Swiss investors?

Yes. Large U.S. spot funds can drive global liquidity and price discovery. When bitcoin ETF flows slow or turn negative, the bitcoin price often loses support. That shift can spill over to Swiss trading hours, affecting ETP pricing, spreads, and execution quality on local platforms.

Should I hedge USD when buying BTC USD in Switzerland?

It depends on your goals. If you want pure bitcoin exposure, a CHF-hedged product can reduce currency noise. If you accept USD swings for diversification, size positions smaller. Always compare hedging costs, product fees, and your holding period before choosing a BTC USD approach.

Is bitcoin still credible as ‘digital gold’?

The thesis remains, but timing matters. In sharp risk-off moves, investors still choose traditional safe havens, so the bitcoin price can drop while gold rises. Over longer periods, bitcoin’s independent drivers may help diversification. Treat gold and bitcoin as complementary, not substitutes.

What levels should traders watch next?

$65,000 is nearby resistance after the break. A sustained close back above with strong spot volumes would help. On the downside, $60,000 is a psychological area. Clear breaks can trigger stops and volatility. Use alerts and staggered orders instead of chasing moves during thin liquidity.

Global Market Insights

BTCUSD Today: February 06 – Falls Below $65K, ‘Trump Rally’ Wiped Out

ByHuzaifa Zahoor February 6, 2026February 6, 2026

The bitcoin price slid below $65,000 today as risk appetite faded, gold firmed, and spot ETF enthusiasm cooled. The move erased the post-2024 “Trump rally” and weighed on crypto-linked stocks. The BTCUSD pair remains volatile as U.S. policy headlines and safe-haven demand steer flows. For Swiss investors, the shift matters because most venues quote in USD while portfolios are CHF based. We outline today’s drivers, key levels, and practical steps to manage exposure and risk in Switzerland.