Bitcoin falls 9%; Asian shares slip after Wall Street hit by tech stock losses

Bitcoin drops 9% as Asian shares decline, following Wall Street's tech stock losses amid rising geopolitical tensions.

U.S. futures and Asian shares traded mostly lower on Friday (February 6, 2026), tracking Wall Street's losses as technology stocks again dragged on markets.

Bitcoin sank to roughly half its record price, giving back all it gained since U.S. President Donald Trump won the White House for his second term.

Tokyo's Nikkei 225 was up 0.5% to 54,073.52, recovering from losses earlier this week, with technology-related stocks leading gains. SoftBank Group rose 1.9%, and chipmaker Tokyo Electron rose 3%. Japan will also be holding its general election on Sunday (February 8, 2026), in which Prime Minister Sanae Takaichi expects to win a stronger public mandate for her policies.

South Korea's Kospi lost 1.7% to 5,076.69, weighed down by tech shares. Samsung Electronics, the country's biggest listed company, fell 0.9%. Chipmaker SK Hynix was down 0.6%.

Hong Kong's Hang Seng fell 1.2% to 26,569.14. The Shanghai Composite index was flat at 4,075.37. In Australia, the S&P/ASX 200 shed 1.6% to 8,745.60. Taiwan's Taiex fell 0.2%.

Against the backdrop of the technology sell-off this week, Bitcoin, the world's largest cryptocurrency, saw dimming enthusiasm and was trading about 9% lower at just under $65,000 on Friday (February 6, 2026), after it briefly sank more than 12% to below $64,000 on Thursday (February 5, 2026). That's down from a record of above $124,000 in October.