Bitcoin prices plummeted to their lowest level in 16 months, hitting $60,000 (44,000), despite former US President Donald Trump's public support for cryptocurrency, according to a BBC Technology report. Simultaneously, the US-led "Board of Peace," tasked with overseeing governance in the Gaza Strip, is set to convene in Washington, DC, later this month, as reported by Al Jazeera. These events are unfolding amidst a backdrop of international tensions, including Cuba's willingness to engage in talks with the US and the shooting of a Russian general in Moscow.
The drop in Bitcoin prices, as detailed by BBC Technology, followed months of surging prices, with the cryptocurrency reaching an all-time high of $122,200 in October 2025. Joshua Chu, co-chair of the Hong Kong Web3 Association, told Reuters that investors who had "bet too big, borrowed too much or assumed prices only go up are now finding out the hard way what real market volatility and risk management look like."
Meanwhile, as reported by Al Jazeera, the "Board of Peace" meeting, scheduled for February 19th, is part of a US-led peace plan. The outlet, quoting a US official and diplomats from four countries involved, indicated the meeting's significance in the ongoing efforts to address the situation in Gaza.
In other international developments, Cuba's President Miguel Díaz-Canel expressed his government's willingness to engage with Washington, according to The Guardian. This statement comes after months of threats from Donald Trump. The Cuban president's remarks were made amid the island's deepening economic crisis.
Adding to the complexity of the global landscape, Sky News reported that Lieutenant General Vladimir Alekseyev was shot multiple times in a Moscow apartment building. Russia has blamed Ukraine for the attack, although details remain scarce.
In Japan, the country is holding a snap election on Sunday, marking the first electoral test for Japan's first female prime minister, Sanae Takaichi, since she became leader, according to Sky News. Her Liberal Democratic Party (LDP) is projected to win a decisive mandate.
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