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Why Is Crypto Down Today? – February 6, 2026

The crypto market is down 8% today. BTC dropped 9.1% to $64,744, and ETH fell 1.7% to $2,281. “Bitcoin breaching the 2021 ATH of $69,000 is significant, but it doesn’t rule out further short-term downside.”

, by Sead Fadilpašić

Blockchain News

Coinbase UK CEO Says Tokenised Collateral Is Moving Into Market Mainstream

Tokenised collateral is shifting from experimental pilots into core financial market infrastructure, according to comments from Keith Grose, UK CEO of Coinbase, as central banks and institutions accelerate real-world deployment.

, by Tanzeel Akhtar

Altcoin News

Stablecoin Inflows Have Doubled to $98B Amid Selling Pressure – Report

Stablecoin inflows have doubled to $98 billion from previous levels, surpassing the 90-day average of $89 billion.

, by Sujha Sundararajan

XRP Plunges 17% in Steepest One-Day Drop Since 2025 as $46M in Leveraged Longs Get Wiped

A wave of leveraged liquidations totaling $46 million dragged XRP to its steepest one-day drop in over four months. This drop contrasts Ripple's successful bids for new regulatory approvals across Europe. The XRP price dropped more than 17% over the past 24 hours to around $1.25, making it...

, by David Pokima

Bitcoin Miner MARA Moves 1,318 BTC in 10 Hours, Traders Wary of Forced Miner Selling

Bitcoin miner Marathon Digital (MARA) has transferred 1,318 BTC, worth $86.9 million, in 10 hours as Bitcoin slumps to $64K. The miner moved to a mix of three crypto wallets, on-chain data revealed. Per Arkham, MARA moved a large chunk of 653.773 BTC to credit and trading firm Two Prime,...

, by Sujha Sundararajan

Bitcoin Logs $3.2B In Loss-Taking Wave, Beating Luna And FTX-Era Shock Levels

Bitcoin’s latest slide did more than knock prices lower, it forced investors to lock in losses at a pace rarely seen in crypto’s short history. On-chain analyst Murphy noted Friday that Bitcoin’s entity-adjusted realized loss hit a record $3.2B on Feb. 5, a sign that traders rushed for the...

, by Shalini Nagarajan

Strategy Posts $12.4B Loss as Bitcoin Falls Below Cost Basis

Michael Saylor’s Strategy reported a $12.4 billion net loss for the fourth quarter, driven largely by mark-to-market declines in its massive Bitcoin holdings. The loss coincided with Bitcoin briefly slipping below $60,000, pushing the firm’s stash beneath its cumulative cost basis for the first...

, by Jai Pratap

Bitwise Files S-1 With SEC to Launch Uniswap-Focused ETF, UNI Token Slumps 16%

Crypto asset manager Bitwise has become the first to file with the US regulator to launch an exchange-traded fund (ETF) dedicated to Uniswap. The fund targets exposure to Uniswap (UNI), the governance token of the leading decentralized exchange protocol. The ETF filing marks one of the pivotal...

, by Sujha Sundararajan

[LIVE] Crypto News Today: Latest Updates for Feb. 06, 2026 – Bitcoin Briefly Drops to $60K as Market Rout Deepens, $2.7B Liquidated in 24 Hours

The crypto market suffered a sharp, broad-based sell-off on February 6, with Bitcoin briefly slipping below the $60,000 mark as the entire crypto market cap slipped around 9%. According to SoSoValue data, most crypto assets fell between 7% and 14% over the past 24 hours, led by the PayFi sector’s...

, by Jai Pratap

Asia Market Open: Bitcoin Plunge to $64K Rattles Risk Assets as Tech Slump Ripples Through Asia

Bitcoin tumbled more than 10% toward $64,000, extending a brutal week for crypto as selling pressure spread across risk assets and shook markets from New York to Asia. The drop dragged Bitcoin to its weakest level since late 2024, reversing momentum that had built after Donald Trump’s election...

, by Shalini Nagarajan

These Three Altcoins Defy Crypto Winter With Technical Strength

Altcoin sentiment remains sour, but Midnight (NIGHT), Hyperliquid (HYPE), and Monero (XMR) are flashing accumulation signals and catalyst-driven strength. This offers a rare ‘risk-on’ pocket inside a weak market heading into early February 2026. Our analysis flagged three tokens as candidates...

, by David Pokima

Pi Coin Price Prediction: Pi Clings onto Crucial Support Level – What Happens Next?

Pi Network (PI) is holding onto a crucial long-term support at $0.15, a level that could decide whether the altcoin stabilizes or slips into deeper losses. This zone has emerged as the final line of defense for bullish Pi Coin price predictions. If it fails to hold, the path below looks...

, by Harvey Hunter

XRP’s ‘Legal Clarity’ Has a Catch – Banks Still Fear Torres’ Institutional-Sales Label

Six months after the SEC officially ended its crusade against Ripple, a paradox has gripped the desk: U.S. institutions are aggressively dumping direct XRP exposure while simultaneously lining up for the ETF launch. At the time of writing, XRP was trading at $1.22, heavily discounted from its...

, by David Pokima

Dogecoin Price Prediction as DOGE Plummets to Lowest Level in 3 Months – Are Meme Coins Officially Dead?

The cryptocurrency market is currently facing a sea of red, with Dogecoin (DOGE) taking a severe beating amidst a wider market correction. Dogecoin, the meme coin leader, has cratered alongside Ethereum and Bitcoin, wiping out weeks of progress in a matter of hours, adding doubt to bullish...

, by David Pokima

Bitcoin’s $70,000 Support Shatters as ‘Warsh Shock’ Triggers Massive Liquidity Exodus

Bitcoin collapsed below the psychological $70,000 support level Thursday, marking a 15-month low as markets aggressively repriced the liquidity outlook under incoming Federal Reserve Chair Kevin Warsh. The world’s largest cryptocurrency fell as low as $67,619. The rout erased $40 billion from...

, by David Pokima

Gemini to Exit UK, EU, Aus Market, Shifts Accounts to Withdrawal-Only From March 5

Gemini has announced that it will cease operations in the United Kingdom, Europe and Australia marking another high-profile exit as the country transitions to a stricter regulatory regime for digital asset firms. The exchange will also be winding down operations in the European Union and...

, by Tanzeel Akhtar

Bitcoin Price Prediction: Trillion-Dollar Giant Vanguard Quietly Buys Into BTC Treasury – Is Wall Street Preparing for $250K BTC?

Vanguard boosts its indirect Bitcoin stake through Strive ($ASST), a top-10 corporate BTC holder. As Wall Street quietly accumulates, explore our Bitcoin price prediction: Can BTC reclaim $68,500 for a run toward $250K, or will it break below critical $60K support?

, by Arslan Butt

Shiba Inu Price Prediction: 9,000% Liquidation Imbalance Hits After Death Cross – Is SHIB About to Collapse?

After chasing a bottom, a sharp 8,972% liquidation imbalance may have just sent bulls packing as a death cross points to more than just a brief disruption to bullish Shiba Inu price predictions. Even after the tenth-largest crypto liquidation event on record, bulls still have it rough as the...

, by Harvey Hunter

Tether Makes $100M Strategic Equity Investment in Anchorage Digital

Tether, issuer of the stablecoin USDT, said it has made a $100 million equity investment in Anchorage Digital, deepening an existing relationship between the two firms. In a blog post, the firm said the investment is being made through Tether Investments and reflects growing focus between...

, by Tanzeel Akhtar

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Why Is Crypto Down Today? – February 6, 2026

Coinbase UK CEO Says Tokenised Collateral Is Moving Into Market Mainstream

Stablecoin Inflows Have Doubled to $98B Amid Selling Pressure – Report

Cryptonews in numbers