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Caught the bitcoin price action on Friday morning - pretty wild recovery after that Thursday crash. BTC bounced hard from the $60K lows, climbing back above $70K by midday. Up almost 17% from the bottom, which definitely got people's attention. Ether and Solana followed along with smaller gains, but XRP was the real standout, jumping 17% in a day to hit $1.50.
The stock side was interesting too. MSTR, Galaxy Digital, and MARA all ripped 12-15% despite some rough earnings news earlier. What caught my eye though was the technical setup - RSI was showing deeply oversold conditions and trading volumes in BTC and ETH just hit their highest levels in over two years. That kind of setup usually invites at least a short-term bounce, which is exactly what we saw.
Some people are also pointing to Michael Saylor's announcement about launching a Bitcoin security program focused on quantum computing threats as a potential bottom signal. The idea is that once the community starts seriously addressing these risks instead of panicking about them, it might signal we're past the worst. Either way, the bitcoin price action on February 6 2026 definitely felt like a technical relief move after getting crushed.