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Trump's Week: Bitcoin Dips, Beef Boost, and Diplomatic Drama

Bitcoin prices fell to their lowest level in 16 months, while the Trump administration moved to deport a five-year-old boy detained by ICE in Minnesota, and the US Ambassador to Poland severed ties with the Polish Speaker of Parliament, all on Friday, February 6, 2026. These events occurred amidst other significant developments, including a shooting in Moscow and a proclamation regarding beef imports.

Bitcoin's value dipped to $60,000 (44,000), its lowest point since September 2024, despite former President Donald Trump's public support for cryptocurrency, according to BBC Technology. This drop followed a period of rising prices, with Bitcoin 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."

Simultaneously, the Trump administration sought to deport five-year-old Liam Conejo Ramos, who was detained by ICE agents in Minnesota on January 20, as reported by Sky News. Homeland Security confirmed the deportation plans but denied claims of expedited removal. The boy was later released after nearly two weeks in custody.

In international affairs, US Ambassador to Poland Tom Rose severed diplomatic relations with the Speaker of the Polish Parliament, Wlodzimierz Czarzasty, as reported by Euronews. Ambassador Rose announced the immediate cessation of contact, though the specific reasons for the decision were not disclosed. Czarzasty had reportedly issued unspecified insults.

Further complicating the news cycle, Lieutenant General Vladimir Alekseyev was shot multiple times in a Moscow apartment building, according to Sky News. The Russian government blamed Ukraine for the attack.

Additionally, former President Trump signed a proclamation to increase US imports of Argentinian beef, as detailed by The Guardian. While a White House official had announced the move in October, economists predicted little impact on prices for US consumers.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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