Feb 6th 2026: Today's crypto market is in a clear downtrend, with total capitalization dropping to around $2.3-2.6 trillion after an 8% decline in the past 24 hours.Bitcoin (BTC) trades near $66,500, down from its January peak of $100,000, while barely holding above $60,000 support amid broader "crypto winter" pressures.Ethereum (ETH) hovers at $2,000, facing added selling from Vitalik Buterin's recent 2,800 ETH ($6M) sale, as altcoins consolidate under macroeconomic strains like a strong USD and Fed policy talks.
Top News Highlights: Market Correction Deepens: BTC has shed about one-third of its value since January despite pro-crypto signals from President Trump, driven by volatility spikes and risk-off sentiment. Institutional Interest Persists: ETF inflows continue (e.g., Ethereum ETFs at $2.85B weekly), but U.S. regulatory fog tempers optimism amid elevated trading volumes.Altcoin Pressures: ETH and others correct in tandem; analysts eye Fed rate cut odds later in 2026 for potential rebound.#RiskAssetsMarketShock #MarketCorrection #WhenWillBTCRebound