🏟️Feb 5, 2026: Today's crypto market is experiencing a sharp downturn amid heightened fear and deleveraging. Bitcoin has slumped over 3% to around $70,000—its lowest since November 2024—while the total market cap has dropped below $3 trillion, down roughly a quarter from recent peaks.Ethereum trades near $2,500, having lost nearly half its value from last year's high, with altcoins like BNB, Chiliz, and Chainlink falling 3-5% in line with broad selloffs.
Top News Highlights:Extreme Fear Sentiment: The Fear & Greed Index hit lows in the teens (e.g., 14), driving $800M+ in liquidations and a flight to stablecoins and gold, which surged past $5,000/oz.Macro Pressures: Hawkish Fed signals, potential leadership changes, and stronger USD are fueling risk-off moves, boosting Bitcoin's dominance above 60%.Altcoin Pain: Tokens like Stacks (-4.6%), Render (-3%), and ICP (-4.6%) dropped on leveraged shorts and ETF outflows, with no project-specific catalysts. #ADPDataDisappoints #WhaleDeRiskETH #EthereumLayer2Rethink?
