In early afternoon trading on Friday, the price of bitcoin recovered to $67,000.
The level compares with the historic peak in October last year of $126,198 per bitcoin.
Since the turn of the year from 2025 to 2026, bitcoin has lost about a fifth of its value. That has effectively wiped out the entire upswing that began after Donald Trump's victory in the US presidential election on November 5, 2024.
Gold and silver prices are also rising after sharp declines in recent days.
