Cryptocurrency Crash Analysis: Bitcoin Plunges Below $70K on February 5, 2026 - Can the Market Recover?
Key Takeaways 📉 Bitcoin crashed over 10% on February 5, 2026, falling below $70,000 for the first time in 15 months 💰 Total crypto market cap evaporated by 6.4% in a single day, shrinking to $2.49 trillion 🏦 Institutional investors fled en masse, with U.S. spot Bitcoin ETFs posting $545 million in outflows 📊 Fear and Greed Index plummeted to 11, entering "extreme fear" territory - the lowest in two months ⚠️ Over $800 million in leveraged positions were liquidated, affecting approximately 16