The price of bitcoin sank to roughly $62,200 on Feb. 5, 2026, as a full-blown risk-off mood rippled through global markets, fueled by rising geopolitical strain, economic jitters, and a cascade of forced liquidations across the cryptocurrency sector. Bitcoin Breaches Key Support as Liquidations Snowball and Stocks Stumble Roughly $2.06 billion in crypto derivatives positions […] Original
Category: Bitcoin News
Is the Bottom in? Bitcoin Tests $65,253 as Market Panic Takes Hold
On Feb. 5, bitcoin plunged 7% intraday, breaking below $66,000 and hitting $65,253 on Bitstamp, sparking fears of a retreat toward $60,000. The drop extended bitcoin’s weekly losses past 20% and marked a 30% correction from its mid‑January peak near $98,000. Market Impact and Liquidations The bitcoin rout intensified Feb. 5 as the flagship digital […] Original
Bitcoin price under pressure as 21-Week EMA weakens, $60,000 at risk
U.S. markets edged lower Thursday as a sharp selloff in cryptocurrencies spilled into software and commodity names, with Bitcoin sliding 9% to around $66,000—its lowest level since October 2024. Summary 21-week EMA is weakening, signaling loss of bullish trend structure 200-week EMA is being tested, a critical long-term support level $60,000–$54,000 zone is key, with Fibonacci and daily support converging Crypto-exposed stocks led decliners, with Strategy, Mara Holdings, and CleanSpark each falling about 12%, while silver plunged 13% and gold slipped 2% in a broad risk-off move. The Nasdaq 100…
Prediction Markets Price Bitcoin Stability, Not Explosive Upside, for Early 2026
Bitcoin prediction market contracts across multiple platforms are converging around a narrow price band for early 2026, with traders broadly assigning low probabilities to aggressive upside scenarios and treating six-figure outcomes as long-shot events. Prediction Markets Point to $65K as Bitcoin’s Most Likely February Outcome On Polymarket, the most actively traded contract asks what price […] Original
Bitcoin’s $70,000 Line Breaks—and the Crypto Debate Erupts
The price of bitcoin has slipped beneath the $70,000 threshold and, over the past 30 days, has given up 26% against the U.S. dollar. This retreat has sent both crypto cheerleaders and critics racing to social media, each eager to offer their own take on what’s driving bitcoin’s latest pullback. Bitcoin Stumbles Again as Macro […] Original
Bitcoin Funds Shed $545 Million as ETFs Exit Deepens
Crypto exchange-traded fund (ETF) selling intensified as bitcoin, ether, and solana all recorded sizable outflows, extending February’s risk-off tone. XRP ETFs stood out as the sole bright spot, posting modest inflows amid the broader drawdown. Heavy Redemptions Slam Bitcoin, Ether, Solana; XRP Stands Alone Midweek trading offered little relief for crypto ETF investors. Selling pressure […] Original
What Bitcoin and Ethereum are signaling about risk appetite in crypto
Crypto markets are moving lower, but the broader picture remains one of caution rather than panic. Bitcoin and Ethereum have both slipped after weeks of subdued trading, while capital has not rotated into higher-risk assets. Summary Bitcoin and Ethereum are moving lower, but without signs of panic, as volatility expands only modestly from previously compressed levels. Ethereum continues to track Bitcoin closely, with no evidence of capital rotating into higher-risk assets or altcoins. Bitcoin dominance remains elevated, pointing to a defensive market posture and muted risk appetite across crypto. At…
U.S. Treasury chief says Washington can’t bail out Bitcoin or order banks to buy it
Congress hears that Treasury can’t bail out Bitcoin or force banks to buy it, even as Trump’s strategic reserve keeps seized BTC that has swelled from $500m to $15b. Summary Bessent told Rep. Sherman Treasury and FSOC lack authority to rescue Bitcoin or direct private banks into BTC or Trump-linked memecoins. He confirmed the U.S. is holding seized Bitcoin that has appreciated from about $500m to over $15b under Trump’s Strategic Bitcoin Reserve order. Trump’s 2025 executive order limits new reserve BTC to seizures or budget‑neutral asset swaps, ruling out…
Bitcoin price prediction: BTC dips below $70,000
The crypto market is still struggling, with no clear sign that the selling has ended. On February 5, Bitcoin price dipped close to $69,000, a level not seen in over a year. The last time BTC traded around this range was back in October 2024, amid the U.S. elections. So, where does Bitcoin go from here? Let’s take a closer look at the setup and jump into a fresh Bitcoin price prediction. Summary Bitcoin fell near $69,000 on Feb. 5, 2026, its lowest level since October 2024, amid a sharp…
Bitcoin Battles to Defend $69K—Bears Smell Blood
Bitcoin is dangling at the edge of a breakdown, not bouncing toward a breakout. In the last hour, its price jittered between $69,049 and $69,546, as $1.40 trillion in market cap faces mounting pressure and $99.42 billion in 24-hour volume suggests panic, not conviction, inside a volatile $69,049–$76,122 trading range. Bitcoin Chart Outlook Bitcoin‘s 1-hour […] Original