Cryptocurrencies declined as major global indices and commodities tumbled; Ethereum slipped below $1,800 and gold fell 2.5%.
Bitcoin dropped to $60,000 and Ethereum fell under $1,800 on February 6 as global markets saw a wave of risk-off sentiment. U.S. stock futures declined up to 1.6%, while gold and silver recorded steep losses of 2.5% and 9%, respectively. In Asia, Japan’s Nikkei 225 fell below 53,000 points and South Korea’s KOSPI 200 futures tumbled 5%. The synchronized decline across digital assets and traditional markets reflected rising investor caution amid global economic uncertainty.