Bitcoin retreated below the closely watched $70,000 threshold, leading a broad selloff in digital assets that has erased over $1 billion in trading positions. According
February 5, 2026
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Bitcoin retreated below the closely watched $70,000 threshold, leading a broad selloff in digital assets that has erased over $1 billion in trading positions. According
Bitcoin, Ethereum, and XRP have all retreated to deep cycle lows, dragging the broader crypto market back to valuation levels not seen since late 2024,
House Democrats probe $500 million UAE investment in Trump-linked WLFI, highlighting questions over dealings with the country’s national security adviser.
A $1 million Lightning transfer between SDM and Kraken was used to test whether Bitcoin’s main scaling layer could handle seven‑figure, institutional‑grade payments.
Crypto markets extended losses amid heavy derivatives liquidations and macro headwinds, with traders bracing for further downside if bitcoin breaks key support.
Your day-ahead look for Feb. 5, 2026
Shares of the company fell 5% in pre-market trading.
Ethereum’s co-founder says the ecosystem has grown too comfortable shipping lookalike networks, arguing that scaling alone is no longer a compelling reason to exist.
Bitcoin is now approximately 20% below its estimated average production cost, historically a feature of a bear market.
“Extreme fear” grips crypto and metals while U.S. equities show resilience ahead of key earnings.
